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Rico Auto Industries Posts Q2 Net Loss of Rs 26.27 Crore on Rising Expenses

Rico Auto Industries Posts Q2 Net Loss of Rs 26.27 Crore on Rising Expenses

autherDev Vadchhedia     calendar06 Nov 2026

Consolidated revenue reaches Rs 852.36 crore while total expenses climb to Rs 888.94 crore, driving the automotive component maker into a net loss compared to a net profit of Rs 17.35 crore a year ago.

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Mahindra XUV 3XO ZNG Earns Five Star Bharat NCAP Rating News
Mahindra XUV 3XO ZNG Earns Five Star Bharat NCAP Rating

autherDev Vadchhedia calendar06 Nov 2026

The CNG model achieves high scores in adult and child occupant protection.

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India EV Conclave 2026: Ingersoll Rand on the Technologies Transforming EV Manufacturing News
India EV Conclave 2026: Ingersoll Rand on the Technologies Transforming EV Manufacturing

autherMukul Yudhveer Singh calendar06 Nov 2026

At the Autocar Professional India EV Conclave 2026, Ingersoll Rand detailed how precision fastening, robotic assembly ...

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Lexus India Opens Pune Guest Experience Centre News
Lexus India Opens Pune Guest Experience Centre

autherDev Vadchhedia calendar06 Nov 2026

The automaker expands Maharashtra footprint with new facility established through joint venture partnership.

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Castrol India Open Offer Valued at Over Rs 5,100 Crore News
Castrol India Open Offer Valued at Over Rs 5,100 Crore

autherAutocar Professional Bureau calendar06 Nov 2026

The Stonepeak-Led Consortium sets offer price at INR 199.45 per share following its indirect control acquisition of Ca...

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SML Mahindra Board Approves Rs 1,450 Crore Rights Issue News
SML Mahindra Board Approves Rs 1,450 Crore Rights Issue

autherDev Vadchhedia calendar06 Nov 2026

The commercial vehicle manufacturer plans capital raise through equity shares.

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Toyota Redraws India MD and CEO Masakazu Yoshimura’s Remit in Global Reshuffle News
Toyota Redraws India MD and CEO Masakazu Yoshimura’s Remit in Global Reshuffle

autherKetan Thakkar calendar06 Nov 2026

Toyota India’s longest-serving MD will oversee India and the Middle East from January 2027, with East Asia and Oceania...

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OPmobility Eyes New Business Segments in India Video
OPmobility Eyes New Business Segments in India

autherMukul Yudhveer Singh calendar06 Nov 2026

The French automotive supplier is looking beyond its existing fuel tank and exterior systems businesses, with new prod...

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Honda Edges Past Hero as Festive Retail Lags a Record Base News
Honda Edges Past Hero as Festive Retail Lags a Record Base

autherShruti Shiraguppi calendar06 Nov 2026

Honda leads two-wheeler retail in October as the market navigates a festive calendar shift

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Tata Motors Leads CV Retails with Over 39,000 Units and 35% Market Share Analysis Sales
Tata Motors Leads CV Retails with Over 39,000 Units and 35% Market Share

autherDev Vadchhedia calendar06 Nov 2026

Reclaiming the top spot in commercial vehicle retails, the automaker outperforms its domestic competitors as heavy tru...

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

45.69%

Sodium-ion

 

18.63%

Solid-state

 

19.61%

None of the Above

 

2.75%

Not Invented Yet

 

13.33%

Total Votes : 510