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

KPIT raises its constant currency revenue growth outlook for FY24 to over 37% 

KPIT Technologies, a software-providing service to the automotive and mobility ecosystem for making software-defined vehicles, recorded a 68.7% year-on-year net profit during Q2 FY24 to Rs 1409 million over a similar period last year. The company’s revenues, on the other hand, jumped to Rs 11991.57 million during Q2 FY24, translating to 54.2% year-on-year over a… Continue reading KPIT raises its constant currency revenue growth outlook for FY24 to over 37% 

Honda launches Translap 750 at Rs 10.99 lakh

Just a day after our exclusive report, Honda has launched the Transalp 750 in India at Rs 10.99 lakh (ex-showroom, India). The bike will be available in India in two colours – Ross White and Matte Ballistic Black.  The Honda Transalp 750 is powered by a liquid-cooled, 755cc, parallel-twin engine making 92hp at 9,500rpm and 75Nm… Continue reading Honda launches Translap 750 at Rs 10.99 lakh

Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers

Daimler India Commercial Vehicles (DICV), the subsidiary of Daimler Truck AG, today announced a strategic partnership with iQuippo to offer digitalised solution for customers of pre-owned BharatBenz commercial vehicles. This collaboration will provide value-added support to BharatBenz customers to exchange their used vehicles with lesser turnaround time, gain a better resale value, and enjoy hassle-free… Continue reading Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers

Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers

Daimler India Commercial Vehicles (DICV), the subsidiary of Daimler Truck AG, today announced a strategic partnership with iQuippo to offer digitalised solution for customers of pre-owned BharatBenz commercial vehicles. This collaboration will provide value-added support to BharatBenz customers to exchange their used vehicles with lesser turnaround time, gain a better resale value, and enjoy hassle-free… Continue reading Bharat Benz partners with iQuippo to offer digitalised solutions to pre-owned CV customers

Honeywell announces EV industry safety solutions portfolio for India market

As the adoption of electric vehicles (EVs) continues to grow in India, Honeywell has announced availability of innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company has a number of EV industry safety solutions in its global portfolio, which it is now bringing to India.  The company’s lithium-ion… Continue reading Honeywell announces EV industry safety solutions portfolio for India market

Honeywell announces EV industry safety solutions portfolio for India market

As the adoption of electric vehicles (EVs) continues to grow in India, Honeywell has announced availability of innovative solutions to address safety concerns across the spectrum of EV manufacturing and use. The company has a number of EV industry safety solutions in its global portfolio, which it is now bringing to India.  The company’s lithium-ion… Continue reading Honeywell announces EV industry safety solutions portfolio for India market

Mercedes-Benz Trucks delivers special application heavy-duty truck with 1,000-ton towing capacity

Mercedes-Benz Trucks has delivered a specially converted truck for heavy-duty transport (SLT) to the Viktor Baumann company. The maximum trailer load of the new Arocs SLT 4463 AS 8×6 is 1,000 tons. For the transportation of such particularly large loads, the truck will drive in combination with several coupled trucks. The gross combination weight, as… Continue reading Mercedes-Benz Trucks delivers special application heavy-duty truck with 1,000-ton towing capacity