Abstract
The automobile market in India is the fourth largest in the world. According to the Automobile Mission Plan 2016-2026 it is projected to be third largest, contributing 12% to the GDP. Under the automatic route, 100% FDI is permitted along with full de-licensing (www.makeinindia.com). It is one of the core sectors and has rapidly grown post reforms. The demand for vehicles has grown leaps and bounds. The automobile sector in India experienced a slow down due to prolonged lockdown due to COVID-19. There was a 51% decline in the domestic sale of passenger vehicles according to the Society of Indian Automobile Manufacturers. The trend of slowdown was observed in this industry before lockdown also. After the announcement of phase-wise unlocking this sector experience a sharp rise in the demand. In this paper, the researchers are making an attempt to analyze the growth and financial performance of selected automobile companies. Based on the secondary data, the trend in growth quarterly sales, revenue and market cap has been studied. For financial performance, the selected ratios are been calculated and compared. The reasons for growth and financial performance has been identified and discussed by the researchers.
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