TOP STORY

Sona Comstar reports 48% profit at Rs 112 crore for Q1FY24

Sona Comstar reports 48% profit at Rs 112 crore for Q1FY24

autherAutocar Professional Bureau     calendar27 Jul 2023

The company's revenues from the BEV segment grew by 13% on a year-on-year basis during Q1FY24, representing 26% of overall revenues.

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Foxconn unit in talks for US$ 200 million components plant in India's Tamil Nadu: Report News
Foxconn unit in talks for US$ 200 million components plant in India's Tamil Nadu: Report

autherAutocar Professional Bureau calendar27 Jul 2023

The company already has a sprawling campus near Chennai city in Tamil Nadu where the company is engaged in the assembl...

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Sona Comstar traction motor sales dip as FAME-II subsidies cut News
Sona Comstar traction motor sales dip as FAME-II subsidies cut

autherAutocar Professional Bureau calendar27 Jul 2023

Vivek Vikram Singh, MD and Group CEO of Sona Comstar, said, " The reduction in FAME-II subsidies has resulted in lower...

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Schaeffler India Q2 profit up 5% at Rs 237.3 crore News
Schaeffler India Q2 profit up 5% at Rs 237.3 crore

autherAutocar Professional Bureau calendar27 Jul 2023

The company posted a net profit of Rs 226 crore in the same quarter a year ago.

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'We are trying to play our own part in reducing the utilisation of virgin finite resources': Suresh Sodani News
'We are trying to play our own part in reducing the utilisation of virgin finite resources': Suresh Sodani

By Chandan B Mallik calendar27 Jul 2023

Suresh Sodani, MD and CEO of Century Enka talks to Autocar Professional about the company’s latest development in nylo...

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Rane Madras reports net loss of Rs 14.5 crore in Q1 FY24 News
Rane Madras reports net loss of Rs 14.5 crore in Q1 FY24

autherAutocar Professional Bureau calendar26 Jul 2023

The company reported a total income of Rs 153.06 crore during the period ended June 30, 2023, down 8% as compared to R...

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Ceat Q1FY24 PAT jumps over 15 times at Rs 144 crore News
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...

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Hendrickson launches air and mechanical suspensions and axles for trailer applications in India News
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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Foxconn and ZF join forces for passenger car chassis systems business News International
Foxconn and ZF join forces for passenger car chassis systems business

autherAutocar Professional Bureau calendar24 Jul 2023

Foxconn acquires 50% stake in ZF Chassis Modules GmbH; strategic partnership seeks to mutually grow business, expand c...

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RK Forgings Q1 FY24 PAT up 63% at Rs 77 cr, to acquire Multitech Auto for Rs 212 cr News
RK Forgings Q1 FY24 PAT up 63% at Rs 77 cr, to acquire Multitech Auto for Rs 212 cr

autherAutocar Professional Bureau calendar22 Jul 2023

The company is actively working towards reducing its debt burden, targeting a debt to EBITDA level of 1:1 by FY25

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MOST READ

POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

69.83%

No

 

30.17%

Total Votes : 179