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Apollo Tyres Tightens Belt, Capex Below Target as Profitability Takes Center Stage

Apollo Tyres Tightens Belt, Capex Below Target as Profitability Takes Center Stage

Shahkar Abidi and Ketan Thakkar     calendar15 May 2025

The move reflects a wider industry shift toward controlling costs in response to rising raw material prices that are squeezing profit margins, even as companies continue to invest in premiumization and capacity expansion.

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Tata AutoComp and Katcon Global Launch Joint Venture for Advanced Composites in Mexico News
Tata AutoComp and Katcon Global Launch Joint Venture for Advanced Composites in Mexico

autherAngitha Suresh calendar15 May 2025

Indian automotive component manufacturer joins forces with Mexican exhaust systems specialist to serve North American ...

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Remsons Industries Secures INR 300 Crore Order from Stellantis North America News
Remsons Industries Secures INR 300 Crore Order from Stellantis North America

autherAngitha Suresh calendar15 May 2025

Indian auto component manufacturer to supply control cables for Stellantis vehicles including Smart Cars, Jeep and thr...

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NRB Bearings Sees Improvement in Q4 Revenue, Margins News
NRB Bearings Sees Improvement in Q4 Revenue, Margins

autherArunima Pal calendar14 May 2025

The financial results reflect steady revenue growth, though profitability was impacted by exceptional items and increa...

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Apollo Tyres Reports 3% Revenue Growth in FY25 News
Apollo Tyres Reports 3% Revenue Growth in FY25

autherArunima Pal calendar14 May 2025

Operating profit for FY25 stood at Rs 3,572 crores, down from Rs 4,447 crores in FY24.

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Cabinet Approves Sixth Semiconductor Unit in Uttar Pradesh  News
Cabinet Approves Sixth Semiconductor Unit in Uttar Pradesh 

autherArunima Pal calendar14 May 2025

The new facility will be set up as a joint venture between HCL and global electronics manufacturing giant Foxconn.

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Sterling Tools Reports Rs. 1,038 Crore Revenue for FY25, Up 10.6% News
Sterling Tools Reports Rs. 1,038 Crore Revenue for FY25, Up 10.6%

autherShruti Shiraguppi calendar14 May 2025

Automotive fastener manufacturer achieves record revenue with growth driven by EV subsidiary despite Q4 challenges.

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Sterling Tools Partners with UK's Advanced Electric Machines to Manufacture Magnet-Free Motors in India News
Sterling Tools Partners with UK's Advanced Electric Machines to Manufacture Magnet-Free Motors in India

autherAngitha Suresh calendar14 May 2025

Indian automotive component maker enters EV motor production through technology licensing agreement, addressing rare e...

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BorgWarner Extends Exhaust Gas Recirculation Supply Contracts Through 2029 News
BorgWarner Extends Exhaust Gas Recirculation Supply Contracts Through 2029

autherShruti Shiraguppi calendar12 May 2025

Global mobility solutions provider secures four contract extensions to supply emission-reducing components for combust...

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Gabriel India Expands Production Capacity with Strategic Asset Purchase News
Gabriel India Expands Production Capacity with Strategic Asset Purchase

autherArunima Pal calendar09 May 2025

he move is expected to broaden Gabriel India’s product portfolio and customer base in the ride control sector.

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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

 

64.93%

No

 

35.07%

Total Votes : 824