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Balkrishna Industries report Rs 309 crore net profit in Q3FY24, stocks fall by 6.7%

autherAutocar Professional Bureau     calendar25 Jan 2024

The company's revenues, on the other hand, were reported at Rs 2,316 crore in Q3 FY24 as against Rs 2215 crore in the corresponding period last year, translating into 5% YoY growth.

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Amara Raja’s first giga factory will be operational by the end of 2025: Vijayanand Samudrala News
Amara Raja’s first giga factory will be operational by the end of 2025: Vijayanand Samudrala

autherAutocar Professional Bureau calendar25 Jan 2024

The President of Amara Raja Energy & Mobility also highlighted that the factory will cater to a range of mobility as w...

Bajaj Auto Vice Chairman, Madhur Bajaj, resigns due to health reasons; board proposes new appointments: Report News
Bajaj Auto Vice Chairman, Madhur Bajaj, resigns due to health reasons; board proposes new appointments: Report

autherAutocar Professional Bureau calendar25 Jan 2024

The board has approved the re-appointment of Pradip Shah and recommended Vinita Bali as new directors, pending shareho...

Lohum to recycle end-of-life EV batteries for Tork Motors News National
Lohum to recycle end-of-life EV batteries for Tork Motors

autherAutocar Professional Bureau calendar25 Jan 2024

The multi-year agreement is for the collection and recycling of Tork’s flagship Kratos R electric motorcycles’ lithium...

Eatron Tech and WMG develop solution to predict EV battery remaining useful life News International
Eatron Tech and WMG develop solution to predict EV battery remaining useful life

autherAutocar Professional Bureau calendar25 Jan 2024

The solution, whose estimates of the remaining useful life of an EV battery are more than 90% accurate, can be embedde...

Yamaha premieres concept hydrogen golf cart at PGA Show 2024 News International
Yamaha premieres concept hydrogen golf cart at PGA Show 2024

autherAutocar Professional Bureau calendar25 Jan 2024

DRIVE H2 is equipped with two high-pressure hydrogen tanks of 25 litres each, positioned under the driver's seat and o...

125cc segment to be larger than entry-level bikes in 3 years, says Bajaj Auto’s Rakesh Sharma News
125cc segment to be larger than entry-level bikes in 3 years, says Bajaj Auto’s Rakesh Sharma

By Kiran Murali  calendar25 Jan 2024

"I don’t expect it to disappear but gradually the 125cc plus segment could become larger," says Sharma.

Incentives for e-2W not needed beyond a couple of years: Ather Energy's Swapnil Jain News
Incentives for e-2W not needed beyond a couple of years: Ather Energy's Swapnil Jain

By Shahkar Abidi and Ketan Thakkar calendar24 Jan 2024

"I don't think beyond a couple of years we would need incentives," Jain told Autocar Professional on the sidelines of ...

CEAT reports Rs 181.3 consolidated net profit in Q3FY24 on healthy volumes News
CEAT reports Rs 181.3 consolidated net profit in Q3FY24 on healthy volumes

autherAutocar Professional Bureau calendar24 Jan 2024

The company's operating revenues on other had increased by 8.7% to Rs 2,963.1 crore in Q3 FY24 in comparison to Rs 2,7...

Volumes, realisation drive 37% YoY growth in Bajaj Auto’s Q3 net profit  News
Volumes, realisation drive 37% YoY growth in Bajaj Auto’s Q3 net profit 

By Kiran Murali calendar24 Jan 2024

Higher domestic volumes and a richer product mix helped the company improve its operating profit margin by 100 basis p...