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Lumax Industries reports Rs 26 crore net profit in Q2FY24

Lumax Industries reports Rs 26 crore net profit in Q2FY24

Shahkar Abidi     calendar09 Nov 2023

The share of LED lighting stood at 36% of the total revenues, while conventional lighting stood at 64% during the reported quarter.

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Lumax Auto Tech reports Rs 27.4 net profit during Q2FY24 News
Lumax Auto Tech reports Rs 27.4 net profit during Q2FY24

By Shahkar Abidi calendar09 Nov 2023

The company counts Mahindra & Mahindra, Bajaj Auto, Honda Motorcycles and Scooters, Maruti Suzuki, Tata Motors and Toy...

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Continental’s Automotive group sales register 1.8 percent growth in Q3 CY2023 News
Continental’s Automotive group sales register 1.8 percent growth in Q3 CY2023

autherAutocar Professional Bureau calendar09 Nov 2023

In the Automotive group sector, the German major’s sales increased by 1.8 percent to Euro 5.0 billion while global pro...

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Bosch reveals new integrated 6 kW electric motor at EICMA News International
Bosch reveals new integrated 6 kW electric motor at EICMA

autherAutocar Professional Bureau calendar09 Nov 2023

Bosch states that its new 6 kW motor will enable manufacturers to electrify two-wheeler segments that have so far tend...

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SKF India Q2 FY23-24 net profit down 43% News
SKF India Q2 FY23-24 net profit down 43%

autherAutocar Professional Bureau calendar08 Nov 2023

The company's revenue from operations for the quarter was at Rs 1,125.2 crore as compared to Rs 1,078.3 crore in the p...

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Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24 News
Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24

autherAutocar Professional Bureau calendar08 Nov 2023

The company's Q2 FY24 EBITDA stood at Rs 69.86 crore, registering a year on year growth of 7.50%. 

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IESA, MMI to host EV Asia Expo 2024 in Gujarat News
IESA, MMI to host EV Asia Expo 2024 in Gujarat

autherAutocar Professional Bureau calendar08 Nov 2023

Earlier this year, IESA launched the India Electric Mobility Council (IEMC), a platform with a comprehensive, technolo...

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Vitesco powered M-Two side-by-side vehicle showcased at EICMA 2023 News
Vitesco powered M-Two side-by-side vehicle showcased at EICMA 2023

autherAutocar Professional Bureau calendar07 Nov 2023

The German Tier-1 major which is part of automotive giant Continental is bullish about the demand in the side-by-side ...

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Continental accelerates localisation of connected mobility solutions in India News
Continental accelerates localisation of connected mobility solutions in India

autherAutocar Professional Bureau calendar07 Nov 2023

The company can produce more than 1 million units of connectivity-related products with this manufacturing line. 

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Uno Minda on land acquisition spree for capacity expansion, as demand soars News
Uno Minda on land acquisition spree for capacity expansion, as demand soars

By Shahkar Abidi calendar07 Nov 2023

The development comes just months after Uno Minda completed two new electric vehicle plants.

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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

 

64.47%

No

 

35.53%

Total Votes : 774