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Bosch FY24 net profit jumps 75% YoY on one-off gains

Bosch FY24 net profit jumps 75% YoY on one-off gains

autherKiran Murali     calendar24 May 2024

The technology and service provider’s standalone net profit for FY24 came in at Rs 2,491 crore, against Rs 1,425 crore in FY23. Fourth quarter net profit also rose 41 percent on year to Rs 564.5 crore.

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Use of hotstamping materials has increased by about 40% compared to 2016: Glyn Jones, Gestamp India News
Use of hotstamping materials has increased by about 40% compared to 2016: Glyn Jones, Gestamp India

By Divya Subramaniam calendar24 May 2024

Glyn Jones, MD of auto component maker Gestamp believes that while the market in India is still maturing, there is a g...

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We have made All New Swift 100 kg lighter than the 1st gen: Maruti Suzuki's former CTO CV Raman News
We have made All New Swift 100 kg lighter than the 1st gen: Maruti Suzuki's former CTO CV Raman

By Shruti Mishra calendar24 May 2024

By using fewer materials, lightweighting plays a key role in making manufacturing processes more sustainable.

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Subros Ltd's net profit jumps 65% to Rs 30.68 crore in Q4FY24 News
Subros Ltd's net profit jumps 65% to Rs 30.68 crore in Q4FY24

By Shahkar Abidi calendar23 May 2024

The company attributed the growth to an increase in volume and the start of production (SOP) of new business award.

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AZAD to build advanced turbo engine for India’s Defence Programs for GTRE, DRDO News
AZAD to build advanced turbo engine for India’s Defence Programs for GTRE, DRDO

autherAutocar Professional Bureau calendar23 May 2024

The company will start delivering the first batch of fully integrated advanced turbo engines by early 2026.

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Sundram Fasteners registers highest ever profit in Q4 News
Sundram Fasteners registers highest ever profit in Q4

autherAutocar Professional Bureau calendar22 May 2024

Company spends Rs 343.45 crore in capacity expansion and in new projects.

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Autocar Professional to host Vehicle Lightweighting Conference: A Virtual Event on May 23-24  News
Autocar Professional to host Vehicle Lightweighting Conference: A Virtual Event on May 23-24 

autherAutocar Professional Bureau calendar22 May 2024

The webinar will engage top CXOs to deliberate upon the key lightweighting trends and methodologies in materials, desi...

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Webasto expands EV battery capacity to 300,000 units per annum at Korean plant News International
Webasto expands EV battery capacity to 300,000 units per annum at Korean plant

autherAutocar Professional Bureau calendar22 May 2024

The German supplier, which first mass-produced EV battery packs in South Korea two years ago, has secured additional 1...

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JK Tyre Q4 net profit up 54% at Rs 172 crore News
JK Tyre Q4 net profit up 54% at Rs 172 crore

autherAutocar Professional Bureau calendar21 May 2024

According to Raghupati Singhania, Chairman and Managing Director, JK Tyre achieved its highest ever sales and profits ...

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‘Affordable ADAS will drive inclusion in mass automotive segments’ Interview
‘Affordable ADAS will drive inclusion in mass automotive segments’

By Amit Vijay M calendar20 May 2024

Sudeepth Puthumana, Head of Segment ADAS, Continental India, shares how India is catching up with global players when ...

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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

 

64.31%

No

 

35.69%

Total Votes : 779