Toyota eyes highest profits in a decade, bets on operational efficiency

This has been a difficult year for the company because of GST and increasing pressure on its under-utilised capacities

Toyota Kirloskar Motor (TKM) is aiming to clock the highest profit in a decade for this financial year (2017-18), riding high on operational efficiency and pricing premium on models such as Innova Crysta and Fortuner.

This has been a difficult year for the company because of the move to the goods and services tax (GST) regime, with increasing pressure on its under-utilised capacities. In the first 10 months of FY18, it sold 103,891 units, 3.53 per cent less than its sales in the corresponding period of FY17, according to the data from the Society of Indian Automobile Manufacturer (Siam).

But,