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Ceat Q1FY24 PAT jumps over 15 times at Rs 144 crore

Ceat Q1FY24 PAT jumps over 15 times at Rs 144 crore

autherAutocar Professional Bureau     calendar25 Jul 2023

On a consolidated basis, the company’s revenue closed at Rs 2,935 crore, up 4.1% in Q1FY24, as compared to Rs 2,818.4 crore in the same period a year ago. During the quarter under review, the company's EBITDA margin stood at 13.1%.

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Tata Motors simplifies capital structure
Tata Motors simplifies capital structure

autherAutocar Professional Bureau calendar25 Jul 2023

As per today’s Scheme of Arrangement, to further simplify the capital structure, the board approved the cancellation o...

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Maruti, Hyundai, Tata, Toyota: CNG strategies explained
Maruti, Hyundai, Tata, Toyota: CNG strategies explained

By Saumil Shah calendar25 Jul 2023

The top three manufacturers in the space are adopting very different approaches to cater to CNG buyers.

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With multiple new launches lined up starting festive season, We will start batting now, says P B Balaji, Group CFO, Tata Motors
With multiple new launches lined up starting festive season, We will start batting now, says P B Balaji, Group CFO, Tata Motors

By Shruti Mishra and Ketan Thakkar calendar25 Jul 2023

Tata Motors lines up its highest ever annual capex of Rs 8000 crore on standalone business in FY24.

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KPIT Technologies clocks Rs 1,095 crore revenue in Q1 FY24, registers 52% YoY growth
KPIT Technologies clocks Rs 1,095 crore revenue in Q1 FY24, registers 52% YoY growth

By Mayank Dhingra calendar25 Jul 2023

The Pune-based independent software integration partner for the automotive and mobility industry aims to grow by up to...

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Hendrickson launches air and mechanical suspensions and axles for trailer applications in India
Hendrickson launches air and mechanical suspensions and axles for trailer applications in India

autherAutocar Professional Bureau calendar25 Jul 2023

These suspensions will be manufactured locally as part of the Make in India initiative of the Government of India.

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Mahindra & Mahindra inaugurates dealership in Thane
Mahindra & Mahindra inaugurates dealership in Thane

autherAutocar Professional Bureau calendar25 Jul 2023

The new dealership will offer the entire range of Mahindra’s authentic SUVs and commercial vehicle range.

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Tata Motors reports net profit of Rs 3,203 crore in Q1FY24
Tata Motors reports net profit of Rs 3,203 crore in Q1FY24

autherAutocar Professional Bureau calendar25 Jul 2023

During the quarter under review, the company's EBITDA at Rs 14,700 crore up 177% and EBIT was Rs 8,300 crore, all show...

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Mercedes-Benz gives a glimpse of entry-level EV sedan concept
Mercedes-Benz gives a glimpse of entry-level EV sedan concept

By Autocar India News Desk calendar25 Jul 2023

Mercedes-Benz has committed to offering an EV in every segment by 2025, and in Munich, the concept will join the Visio...

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Bajaj Auto Q1 FY24 net profit up 42% at Rs 1,665 crore
Bajaj Auto Q1 FY24 net profit up 42% at Rs 1,665 crore

autherAutocar Professional Bureau calendar25 Jul 2023

The company's total revenue from operations rose nearly 29% year over year to Rs 10,309.77 crore during the quarter en...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.26%

No

 

35.74%

Total Votes : 761