Autocar_Professional India Online News – Page 1307

Bastian Solutions opens first conveyor manufacturing plant in India

Bastian Solutions has announced the official opening of its conveyor manufacturing plant, signifying the next expansion of its technology portfolio in India. This achievement marks a strategic leap for the company. Hitoshi Matsuoka, President and CEO of Toyota Advanced Logistics North America, the parent company of Bastian Solutions, was in attendance at the grand opening.… Continue reading Bastian Solutions opens first conveyor manufacturing plant in India

Bastian Solutions opens first conveyor manufacturing plant in India

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

Landmark Cars Limited, a leading luxury and premium automotive retail chain reported a consolidated net profit of Rs 20.5 crore during Q2FY24 compared to Rs. 16.8 crore in Q2 FY23, indicating a rise of 22% YoY. The company’s revenues, correspondingly, stood at Rs 770 crore in Q2 FY24 as against Rs 852 crore in Q2FY23. The company’s proforma… Continue reading Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

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

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

Ashok Leyland, the Indian flagship of the Hinduja Group, reported net profit of Rs 561 crore for Q2 FY24 grew 181% over the same period last year. The company’s revenues for the quarter stood at Rs 9638 crore, compared to Rs. 8266 crore in Q2 FY’23, posting 17% growth over last year. Ashok Leyland’s domestic… Continue reading Ashok Leyland’s Q2FY24 net profit surges 2.8 times to Rs 561 crore

Bosch registers 12.8% revenue growth in Q2 FY24

Technology major Bosch has reported a 12.8 percent year-on-year growth in Q2 FY24 operating revenues to Rs 4,134 crore, attributed to strong growth in the automobile sector, driven by demand in the heavy-commercial and passenger-vehicle segments. The company’s Profit Before Tax (excluding exceptional items) stood at Rs 532 crore, which is 12.9% of total revenue… Continue reading Bosch registers 12.8% revenue growth in Q2 FY24

Mahindra Logistics embarks on ONDC journey

Mahindra Logistics Limited, an integrated third-party logistics service provider, announced on Thursday the launch of services on the ONDC network. Mahindra Logistics will provide same-day and next-day intra-city pick-up and delivery services to all sellers on ONDC. The company will extend this to a full range of services, including inter-city express parcel, full truck load, and… Continue reading Mahindra Logistics embarks on ONDC journey