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Tata Elxsi reports 2.5% YoY decline in Q1 net profit

Tata Elxsi reports 2.5% YoY decline in Q1 net profit

Kiran Murali and Radhika Dave     calendar10 Jul 2024

Profits declined year-over-year due to a rise in the effective tax rate and a squeeze on operating margins. Total expenses rose in double digits primarily on account of higher employee benefit expenses. On a sequential basis, net profit dro...

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Tata Elxsi reports 2.5% YoY decline in Q1 net profit News
Tata Elxsi reports 2.5% YoY decline in Q1 net profit

By Kiran Murali and Radhika Dave calendar10 Jul 2024

Profits declined year-over-year due to a rise in the effective tax rate and a squeeze on operating margins. Total expe...

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BMW Group registers 25% growth in EV sales globally in H1 2024 News
BMW Group registers 25% growth in EV sales globally in H1 2024

autherAutocar Professional Bureau calendar10 Jul 2024

BMW is bullish about potential of BEVs and upper-premium segment cars, including the BMW 7 Series which registered 22%...

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Commercial vehicle sales volumes likely to degrow by 3-6% in FY25: CareEdge Ratings News
Commercial vehicle sales volumes likely to degrow by 3-6% in FY25: CareEdge Ratings

autherAutocar Professional Bureau calendar10 Jul 2024

The muted growth in FY24 was mainly due to the high base of FY23, the transition to BS VI leading to higher vehicle co...

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Hyundai Exter sells 93,600 units in first year of launch Analysis Sales
Hyundai Exter sells 93,600 units in first year of launch

By Ajit Dalvi calendar10 Jul 2024

Hyundai Motor India’s Exter compact SUV, launched on July 10, 2023, has become the company’s third best-selling SUV af...

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Skoda mulls local assembly of New Octavia in India News
Skoda mulls local assembly of New Octavia in India

By Saptarshi Mondal, Autocar India calendar10 Jul 2024

“We are exploring the Octavia for India because this car must come back. This could exactly be up to Rs 30 lakh, where...

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Overseas Uber trips show Indians travelling abroad like never before News
Overseas Uber trips show Indians travelling abroad like never before

autherAutocar Professional Bureau calendar10 Jul 2024

The number of Indians travelling abroad has seen a marked jump over the past two years.

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Uber expands two-wheeler service to additional cities in Andhra Pradesh  News
Uber expands two-wheeler service to additional cities in Andhra Pradesh 

autherAutocar Professional Bureau calendar10 Jul 2024

With the launch of Uber Moto in Rajamundry and Nellore, Uber enhances its portfolio of transport options available to ...

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TVS Apache RTR 160 Racing Edition priced at Rs 1.29 lakh News
TVS Apache RTR 160 Racing Edition priced at Rs 1.29 lakh

By Gavin Rodrigues, Autocar India calendar10 Jul 2024

The Apache RTR 160 is powered by a 159cc single-cylinder that produces 16.04hp at 8,750rpm and 13.85Nm at 7,000rpm.

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Suzuki to discontinue sales of Jimny in Europe News
Suzuki to discontinue sales of Jimny in Europe

By Akbar Merchant, Autocar India calendar10 Jul 2024

It is currently on sale in Europe as an N1 category vehicle.

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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

 

65.17%

No

 

34.83%

Total Votes : 913