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Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25

Official: Toyota to build GR Corolla in UK

Toyota will build the GR Corolla hot hatch in the UK from next year, in a bid to cater to increasing demand. Confirming this week’s report from Reuters, it said it had chosen the Corolla plant in Burnaston (Derbyshire) to boost GR Corolla production, and that preparations had been under way since last year. It will make… Continue reading Official: Toyota to build GR Corolla in UK

Kanakia inks JV with Hines, Mitsubishi Estate, Sumitomo to develop office complex in Mumbai

“This project marks a significant milestone in our journey in India,” said Amit Diwan, Senior Managing Director and Head of India at Hines. Realty firm Kanakia Group has tied up with US-based Hines, Mitsubishi Estate and Sumitomo Corporation to develop a premium 15 lakh square feet office complex at BKC in Mumbai. In a statement… Continue reading Kanakia inks JV with Hines, Mitsubishi Estate, Sumitomo to develop office complex in Mumbai

Nuvama sees India as auto safe haven, bets on Eicher, TVS, M&M, Maruti amid global slowdown

“Domestic 2Ws and PVs continue to see tailwinds from demand and product refresh. Export-oriented names should gradually recover as overseas demand stabilises,” Nuvama said. Nuvama Institutional Equities is betting on Indian two-wheeler, passenger vehicle and tractor majors including Eicher Motors, TVS Motors, Maruti Suzuki and Mahindra & Mahindra to outperform, citing resilient domestic demand and… Continue reading Nuvama sees India as auto safe haven, bets on Eicher, TVS, M&M, Maruti amid global slowdown

TVS Supply Chain Solutions narrows net loss by 83% QoQ to ₹3.9 crore in Q4FY25

For the full fiscal year, the company’s revenue from operations increased by 8.6% year-on-year to ₹9,995.7 crore in FY25, up from ₹9,200 crore in FY24. TVS Supply Chain Solutions narrowed its consolidated net loss by 83.61per cent quarter-on-quarter to ₹3.9 crore in Q4FY25, compared to a consolidated net loss of ₹23.8 crore in Q3FY25. On… Continue reading TVS Supply Chain Solutions narrows net loss by 83% QoQ to ₹3.9 crore in Q4FY25

Bajaj Auto to infuse 60% of its FY26 capex into EV biz

Updated On May 30, 2025 at 09:45 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Bajaj Chetak Buoyed by the good show demonstrated by its electric vehicles (EVs), Bajaj Auto is set to infuse more than half of its planned capex for FY26 into its EV business. The two-and three wheeler… Continue reading Bajaj Auto to infuse 60% of its FY26 capex into EV biz