Murugappa EV arm eyes EBITDA break-even as FY26 loss swells | Chennai News
M A M Arunachalam, executive chairman of Tube Investments of India Chennai: Murugappa Group’s electric mobility arm, TI Clean Mobility, has more than doubled its losses in FY26 as it continued to invest in scaling its EV business across segments.The EV company, a subsidiary of the group’s engineering flagship, Tube Investments of India (TII), indicated…