EULER MOTORS OPERATING REVENUE
On this season of corporate earnings, Nifty50 companies likely to give solid show Nifty 50 cos expect double-digit June revenue, profit growth, with net profit up 26.4% and 20.6% operating margins. Noted sectors' improvements, geopolitical concerns, Maruti Suzuki's volume growth, credit growth issues, moderate inflation effects, ...
08 Jul, 2024, 07.54 PM ISTUno Minda all lit up with more content per car and focus on electric vehicles Uno Minda, a major auto parts supplier, has shown remarkable revenue growth, outpacing industry averages by almost two and a half times over five years. Its robust performance in FY24, marked by a 25.2% revenue increase and expanding operating margi...
04 Jun, 2024, 12.40 AM ISTOla Electric eyes leaner road to profitability, to cut 400-500 roles Ola Electric, eyeing an IPO, is reportedly trimming its workforce by 400-500 employees to streamline operations. This number may change as the senior leadership is still concluding the scale of the layoffs. They are expected to hit multiple vertical...
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30 May, 2024, 07.31 AM ISTEuler Motors raises Rs 200 crore from Piramal Alternatives, others Euler Motors raised Rs 200 crore in funding led by Piramal Alternatives India Access Fund. The firm aims to become India's top electric commercial vehicle brand, with plans to expand to 40 cities by FY25.
29 May, 2024, 04.19 PM ISTPiramal Alternatives leads Euler Motors’ Rs 200 cr fundraise Euler Motors, an electric three-wheeler maker, raised Rs 200 crore ($24 million) led by Piramal Alternatives India Access Fund, with British International Investment and Blume Ventures also participating. Total funding now stands at Rs 570 crore. Th...
29 May, 2024, 04.04 PM ISTIFB Industries Q4 Results: Profit at Rs 12 crore IFB Industries Ltd has reported a consolidated net profit of Rs 12 crore for the fourth quarter ended March 31, 2024, helped by performance from engineering business and home appliances. The company had posted a net loss of Rs 9.94 crore for the ye...
29 May, 2024, 03.35 PM ISTAshok Leyland shifts focus on margin improvement through price discipline Analysts expect 12-12.5% EBITDA margin over the next two fiscal years allowing room for upgrades if the company is able to achieve its guidance of mid-teen margin in the medium to long term.
28 May, 2024, 06.47 PM ISTEV ride-hailer BluSmart seeks $300 million to expand car fleet BluSmart, India’s top electric cab operator, aims to raise $300 million to expand its fleet with cars from top manufacturers, targeting major cities for premium service. The company focuses on electrification and sustainability efforts in India, wit...
28 May, 2024, 10.49 AM ISTMotherson Sumi Wiring India Q4 Results: Firm posts rise in profit on steady demand Motherson Sumi Wiring India on Thursday reported a 38% rise in fourth-quarter profit, aided by strong demand for automobiles.
16 May, 2024, 06.52 PM ISTHero MotoCorp’s market cap reaches Rs 1 lakh crore Hero MotoCorp’s market cap stood at Rs 100,803.27 crore at the close on the BSE on Tuesday, just behind TVS Motor Company, which had a market cap of Rs 101,390.72 crore. Investors have been upbeat on the stock on the back of the company’s focus on p...
14 May, 2024, 11.32 PM ISTTata Motors likely to lose some zip on D-St after a roaring FY24 FY24 was a remarkable year for the company with record revenue, profits and dividend helped by superior performance in domestic and overseas businesses. The stock nearly doubled during the year, a reflection of investors’ recognition of its upbeat s...
14 May, 2024, 05.18 AM ISTEicher Motors Q4 results: PAT jumps 18% YoY at Rs 1,070.45 crore. Rs 51/share dividend announced Eicher Motors recorded an 18% YoY increase in consolidated net profit to Rs 1,070.45 crore for Q4 2024, with sequential growth of 7.5%. Total revenue reached Rs 4,256.04 crore, up 12% YoY. The board declared a final dividend of Rs 51 per share, tota...
11 May, 2024, 11.57 AM ISTTata Motors zips past Street in grand profit prix The Street had forecasted profit of ₹7,200 crore for the March quarter. Revenue for the three-month period climbed 13%YoY to ₹1.19 lakh crore in line with market consensus of ₹1.2 lakh crore.
11 May, 2024, 09.23 AM ISTTata Motors shines in Q4, anticipates debt-free status; JLR posts record profit Tata Motors Surpasses Expectations with Tripled Profit in Q4, Eyes Debt-Free Status. India's largest automaker reported a net profit of Rs 17,528 crore in Q4, thrice the previous year, aided by a deferred tax credit. The company's revenue for the pe...
11 May, 2024, 05.00 AM ISTTata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25 Tata Motors anticipates achieving net automotive debt-free status in FY25 following record revenue, profits, and free cash flows. Its Indian business is debt-free. Despite caution regarding domestic demand in the first half, Tata Motors said it rema...
10 May, 2024, 04.05 PM ISTTVS Motors shares rise 6% after Q4 results. Should you buy, sell or hold? TVS Motors Share Price: Shares of TVS Motor Company surged nearly 6% on Thursday on BSE to the day’s high of Rs 2,121.30 as the company reported an 18% year-on-year (YoY) increase in standalone net profit to Rs 485.43 crore for the fourth quarter en...
09 May, 2024, 03.10 PM ISTTVS Motor Company Q4 Results: Net profit jumps 18% YoY to Rs 485 crore TVS Motor Company’s revenue from operations in the quarter under review grew by 24% to Rs 8,169 crore as against Rs 6,605 crore registered in the quarter ended March 2023.
08 May, 2024, 08.33 PM ISTTVS Motor Q4 Results: PAT zooms 18% YoY to Rs 485 crore; revenue jumps 24% TVS Motor Q4 Results: The revenue from operations for the reported quarter stood at Rs 8,169 crore, a nearly 24% uptick over Rs 6,605 crore reported in the corresponding quarter of the previous financial year.
08 May, 2024, 05.43 PM ISTEuler Motors net loss jumps five-fold to Rs 175.44 crore in FY23 The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements filed with the Registrar of Companies.
20 Dec, 2023, 07.49 PM IST