Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits – TVS Motor CEO

TVS Motor Company plans to continue investing in Norton – the UK based premium motorcycle brand it acquired in 2020 – for the next eight quarters as it seeks to redefine the product portfolio to pave the way for future growth. Speaking to analysts in the post Q2 earnings call, K N Radhakrishanan , CEO… Continue reading Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits – TVS Motor CEO

Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits – TVS Motor CEO

TVS Motor Company plans to continue investing in Norton – the UK based premium motorcycle brand it acquired in 2020 – for the next eight quarters as it seeks to redefine the product portfolio to pave the way for future growth. Speaking to analysts in the post Q2 earnings call, K N Radhakrishanan , CEO… Continue reading Will continue to invest in Norton for next 8 quarters, confident of the brand delivering profits – TVS Motor CEO

Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

Almost 15 years after halting operations at its small car plant near Singur in West Bengal due to escalating violence against the company, Tata Motors announced on Monday that it has been awarded Rs 765.78 crore in compensation, along with interest, from West Bengal Industrial Development Corporation Limited. The company will also receive Rs. 1… Continue reading Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

Almost 15 years after halting operations at its small car plant near Singur in West Bengal due to escalating violence against the company, Tata Motors announced on Monday that it has been awarded Rs 765.78 crore in compensation, along with interest, from West Bengal Industrial Development Corporation Limited. The company will also receive Rs. 1… Continue reading Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

Almost 15 years after halting operations at its small car plant near Singur in West Bengal due to escalating violence against the company, Tata Motors announced on Monday that it has been awarded Rs 765.78 crore in compensation, along with interest, from West Bengal Industrial Development Corporation Limited. The company will also receive Rs. 1… Continue reading Tata Motors awarded Rs 765.78 crore compensation after 15-year hiatus from Singur plant closure

TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Company reported a 32 percent growth in its net profit growth in the quarter ended September 30, 2023 at Rs 537 crore, as against Rs 408 crore during Q2 of last year. Meanwhile, the company’s operating revenue also grew by 13 percent at Rs 8,145 crore for the quarter ended September 2023, as… Continue reading TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Company reported a 32 percent growth in its net profit growth in the quarter ended September 30, 2023 at Rs 537 crore, as against Rs 408 crore during Q2 of last year. Meanwhile, the company’s operating revenue also grew by 13 percent at Rs 8,145 crore for the quarter ended September 2023, as… Continue reading TVS Motor Q2 net profit up 32% at Rs 537 crore

TVS Motor Q2 net profit up 32% at Rs 537 cr

TVS Motor Company reported a 32 percent growth in its net profit growth in the quarter ended September 30, 2023 at Rs 537 crore, as against Rs 408 crore during Q2 of last year. Meanwhile, the company’s operating revenue also grew by 13 percent at Rs 8,145 crore for the quarter ended September 2023, as… Continue reading TVS Motor Q2 net profit up 32% at Rs 537 cr

TVS Motor Q2 net profit up 32% at Rs 537 cr

TVS Motor Company reported a 32 percent growth in its net profit growth in the quarter ended September 30, 2023 at Rs 537 crore, as against Rs 408 crore during Q2 of last year. Meanwhile, the company’s operating revenue also grew by 13 percent at Rs 8,145 crore for the quarter ended September 2023, as… Continue reading TVS Motor Q2 net profit up 32% at Rs 537 cr

JBM’s consolidated net profit jumps 9.6% during Q2FY24

JBM Auto Limited, a bus manufacturer, announced on Monday a 9.6% jump in its consolidated net profit during Q2 FY24 to Rs 44.10 crore as against Rs 40.24 crore in Q2 FY23. Further, the company’s operating income increased by 19.60% to Rs 1231.01 crore during Q2 FY24 when compared to Rs 1029.24 registered during a… Continue reading JBM’s consolidated net profit jumps 9.6% during Q2FY24