Belrise Industries Ltd reported a 35.9% year-on-year rise in profit before tax (PBT) to ₹177.5 crore for the December quarter (Q3 FY26), while consolidated revenue increased 8% to ₹2,340.5 crore, according to its unaudited results. For the first nine months of FY26, PBT rose 62.5% to ₹497.7 crore, supported by a 15.6% increase in revenue… Continue reading Belrise Industries Q3 FY26 Revenue Rises 8%
Author: Autocar_Professional India Online News
Ather Energy to Set up Subsidiary in Hong Kong to Strengthen Supply Chain
Electric two-wheeler maker Ather Energy is setting up a wholly owned subsidiary in Hong Kong to support critical procurement functions and strengthen supply chain resilience across the Asia-Pacific region. In a regulatory filing to stock exchanges, the company said its board has approved the proposal, and the subsidiary will be fully owned by Ather Energy.… Continue reading Ather Energy to Set up Subsidiary in Hong Kong to Strengthen Supply Chain
Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Software and non-vehicle revenue accounted for 14% of Ather Energy’s total income in the third quarter of FY26, underlining the growing role of software in the electric two-wheeler maker’s business model as margins improved sharply. Speaking during the company’s Q3 FY26 earnings call, Tarun Mehta, Executive Director and CEO of Ather Energy, said non-vehicle revenue… Continue reading Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Software and non-vehicle revenue accounted for 14% of Ather Energy’s total income in the third quarter of FY26, underlining the growing role of software in the electric two-wheeler maker’s business model as margins improved sharply. Speaking during the company’s Q3 FY26 earnings call, Tarun Mehta, Executive Director and CEO of Ather Energy, said non-vehicle revenue… Continue reading Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Hyundai’s Rural Sales Hit Record High in Q3 as SUVs Gain Ground
Hyundai Motor India Ltd has reported its highest-ever quarterly contribution from rural markets, underscoring a structural shift in demand as sport utility vehicles gain popularity beyond urban centres. Rural markets accounted for over 24% of Hyundai’s domestic sales in the December quarter, the highest level recorded so far, Managing Director and CEO Tarun Garg said… Continue reading Hyundai’s Rural Sales Hit Record High in Q3 as SUVs Gain Ground
Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai
Recent GST rate reforms have triggered a sharp recovery in India’s passenger vehicle market, reviving demand across segments after a prolonged slowdown. While expectations were high for a turnaround in small cars and hatchbacks, Hyundai Motor India says compact SUVs have emerged as the biggest beneficiaries of the tax cut, even as the hatchback segment… Continue reading Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai
Suzuki Motorcycle India Reports 15% Sales Growth in January
Suzuki Motorcycle India Pvt. Ltd. recorded total sales of 1,25,786 units in January 2026, marking a 15% increase over the 1,08,921 units sold in January 2025. The growth was driven by increases in both domestic and export markets. The two-wheeler subsidiary of Suzuki Motor Corporation, Japan, reported domestic sales of 1,00,296 units, a 14% increase… Continue reading Suzuki Motorcycle India Reports 15% Sales Growth in January
V2X Technology and Edge AI: The Future of Smart Mobility is Here
Traffic congestion, unpredictable driving behavior, and preventable accidents have long defined our transportation systems, responding to failure and incidents instead of avoiding them. While we stand on the brink of advanced safety features and connected infrastructure, legacy architectures simply cannot keep up with the demands of a connected world. That equation is now shifting. With… Continue reading V2X Technology and Edge AI: The Future of Smart Mobility is Here
Ather Energy Reports 50% Revenue Growth But Losses Widen in Q3 FY26
Electric two-wheeler manufacturer, Ather Energy Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing strong revenue momentum even as losses deepened due to increased operational expenses and supply chain challenges. For the quarter ended December 31, 2025, Ather Energy posted revenue from operations of ₹9,536 crores, representing… Continue reading Ather Energy Reports 50% Revenue Growth But Losses Widen in Q3 FY26
Hyundai Venue Garners 80,000 Bookings as Compact SUVs Lead Market Growth
Riding on strong demand for compact SUVs, Hyundai Motor India has garnered close to 80,000 bookings for its newly launched Venue. The strong response to the new Venue complements Hyundai’s largest-selling SUV, the Creta, which is hitting new highs amid rising competition. Addressing the media during the company’s Q3 FY26 earnings call, Managing Director and… Continue reading Hyundai Venue Garners 80,000 Bookings as Compact SUVs Lead Market Growth