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CEAT reports net profit of Rs 132 crore in Q4

CEAT reports net profit of Rs 132 crore in Q4

autherAutocar Professional Bureau     calendar04 May 2023

The company’s consolidated net revenue from operations stood at Rs 2,874.8 crore in Q4FY23 versus Rs 2,592 crore in the corresponding period last year.

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In tune with the industry needs Feature
In tune with the industry needs

autherAutocar Professional Bureau calendar04 May 2023

ARaymond India has been present for around 15 years and offers a host of innovative and useful solutions for OEMs and ...

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Grosse Kleimann succeeds Olaf Henning as head of aftermarket business unit of MAHLE Group News
Grosse Kleimann succeeds Olaf Henning as head of aftermarket business unit of MAHLE Group

autherAutocar Professional Bureau calendar04 May 2023

Grosse Kleimann succeeds Olaf Henning (55), who was heading the business unit since 2014

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Rane Engine Valve reports net profit of Rs 4.9 crore in Q4FY23 News
Rane Engine Valve reports net profit of Rs 4.9 crore in Q4FY23

autherAutocar Professional Bureau calendar04 May 2023

The company reported a net profit of Rs 4.9 crore in Q4FY23, versus a loss of Rs 0.01 crore in the same period a year ...

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Road construction to witness 16-21% jump in FY2024, ahead of general elections: ICRA News
Road construction to witness 16-21% jump in FY2024, ahead of general elections: ICRA

By Shahkar Abidi calendar04 May 2023

Vinay Kumar G, Sector Head, Corporate Ratings, ICRA, said: “The execution was impacted in H1 FY2023, on account of ele...

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India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers Analysis Sales
India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers

By Ajit Dalvi calendar04 May 2023

FY2024 opens on a slower note with overall sales at 1.72 million units; 7 percent decline in two-wheeler retails and 1...

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‘We understand the speed and sequence of EV adoption’: Dharm Vahalia Interview
‘We understand the speed and sequence of EV adoption’: Dharm Vahalia

By Chandan B  Mallik calendar04 May 2023

Dharm Vahalia, Managing Director South Asia, Ascend Performance Materials is bullish about the e-mobility and e2W appl...

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Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24 News
Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24

By Shahkar Abidi calendar04 May 2023

In addition to that, it has already set up four LNG stations in conjunction with IndianOil, the company's top leadersh...

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MHI's Rs 800 crore recovery crackdown on EV OEMs is first step towards detangling FAME II subsidy resolution News
MHI's Rs 800 crore recovery crackdown on EV OEMs is first step towards detangling FAME II subsidy resolution

By Amit Vijay M calendar04 May 2023

According to Autocar Professional’s estimates, a total of Rs 837 crore in the industry will have to be paid to MHI. Th...

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Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues News
Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues

autherAutocar Professional Bureau calendar03 May 2023

The company has posted a net revenue of Rs 2,676 crore, registering a 26 percent YoY growth.

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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

 

63.68%

No

 

36.32%

Total Votes : 691