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Samvardhana Motherson registers 28% growth to clock Rs 23,474 crore in Q2 FY24

Samvardhana Motherson registers 28% growth to clock Rs 23,474 crore in Q2 FY24

autherAutocar Professional Bureau     calendar09 Nov 2023

The company also registered an 11.43 percent increment in its order book to Rs 64,130 crore in the last six months, with over 22 percent of the new orders comprising component demand for electric vehicles.

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Not looking for investors now; equity infusion will drive Switch Mobility's future, says Dheeraj Hinduja News
Not looking for investors now; equity infusion will drive Switch Mobility's future, says Dheeraj Hinduja

By Ketan Thakkar and Shahkar Abidi calendar09 Nov 2023

The Board of Directors of Ashok Leyland, in their meeting held on Thursday approved an investment of Rs 1200 crore in ...

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Bastian Solutions opens first conveyor manufacturing plant in India News
Bastian Solutions opens first conveyor manufacturing plant in India

autherAutocar Professional Bureau calendar09 Nov 2023

The site will initially rollout 6 conveyor models; three in its zero-pressure accumulation line and three in its live ...

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Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore News
Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

autherAutocar Professional Bureau calendar09 Nov 2023

The company's proforma revenues stood at Rs 1120 crore during Q2 FY24 as against Rs 1148 crore in Q2 FY23.

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Ashok Leyland's Q2FY24 net profit surges 2.8 times to Rs 561 crore News
Ashok Leyland's Q2FY24 net profit surges 2.8 times to Rs 561 crore

autherAutocar Professional Bureau calendar09 Nov 2023

Profit After Tax (PAT) of Rs 561 crore for the quarter grew 181% over same period last year.

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Mahindra Logistics embarks on ONDC journey News
Mahindra Logistics embarks on ONDC journey

autherAutocar Professional Bureau calendar09 Nov 2023

ONDC, an open-source platform, is aimed at reducing the monopolies of large e-commerce players and thereby reducing th...

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Nissan registers 30% growth in H1 FY23 revenues to 6 trillion yen News
Nissan registers 30% growth in H1 FY23 revenues to 6 trillion yen

autherAutocar Professional Bureau calendar09 Nov 2023

The Japanese automaker has revised upwards its full-year revenue and profit outlook despite declining sales in China o...

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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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Hindustan Zinc rolls out first of 180 LNG trucks fleet for internal good movements News
Hindustan Zinc rolls out first of 180 LNG trucks fleet for internal good movements

By Shahkar Abidi calendar09 Nov 2023

The company has planned to invest US$ 1 billion over the next few years towards mitigating climate change impacts.

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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