Category: US Motoring Press

Sundram Fasteners reports highest ever consolidated net profit at Rs 143.84 crore in Q2

Sundram Fasteners Limited (SFL’s) consolidated net profit for the quarter ended September 30, 2024 stood at  Rs 143.84 crore as compared to Rs 133.05 crore during the previous year. The company’s consolidated revenue from operations posted for the quarter ended September 30, 2024 was at Rs 1,486.04 crore as compared to Rs 1,421.82 crore during… Continue reading Sundram Fasteners reports highest ever consolidated net profit at Rs 143.84 crore in Q2

EICMA 2024: Honda showcases e-bike concepts, electric scooter

Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter

EICMA 2024: Honda showcases e-bike concepts, electric scooter

Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter

JK Tyre Q2FY25 PAT down 42.3%, revenue down 7%

Tyre manufacturer JK Tyre & Industries Ltd, posted a consolidated profit after tax of Rs 144 crore for the quarter ended September 30, a 42.3% decline on-year. Its revenue for the quarter declined 7% to 36.22 billion rupees. The company reported an EBITDA of Rs 443 crore for the second quarter, a 25.8% decline year-on-year.… Continue reading JK Tyre Q2FY25 PAT down 42.3%, revenue down 7%

Rane Holdings reports strong profit growth in Q2 and H1 FY25

Rane Holdings Limited, the holding company of the Rane Group, has announced its financial performance for the second quarter (Q2FY25) and the half-year period (H1FY25) ending September 30, 2024. For the second quarter of FY25, Rane Holdings reported a total revenue of ₹920.0 crore, a slight decrease of 1.1% compared to ₹930.5 crore in Q2… Continue reading Rane Holdings reports strong profit growth in Q2 and H1 FY25

MG Windsor becomes India’s best-selling electric car in October 2024

JSW MG Motor India recorded strong sales for its recently launched MG Windsor in October 2024, with 3,116 units sold. This figure accounted for nearly 30% of the total passenger electric vehicle sales in the country during the month.   The company saw a 31% year-on-year growth in its overall sales, with a total of… Continue reading MG Windsor becomes India’s best-selling electric car in October 2024

Honda Motorcycle & Scooter sales rise 21% in October

Honda Motorcycle & Scooter India registered total dispatches of 5,97,711 units in October, marking a 21% year-on-year increase. Domestic sales accounted for 5,53,120 units, with exports reaching 44,591 units, up by 20% and 48%, respectively, over October 2023. HMSI’s April-October 2024 sales total 37,56,088 units, with domestic sales contributing 34,34,539 units and exports 3,21,549 units.… Continue reading Honda Motorcycle & Scooter sales rise 21% in October

Lotus cars to open its first India showroom this month

A few months after entering the Indian market, Lotus Cars is set to open its first showroom here. The Lotus Centre, located at the World Trade Centre in New Delhi, is done up in Lotus’ colours and styled like any other Lotus Centre in the world. Underlining the significance of the showroom, Satya Bagla, MD… Continue reading Lotus cars to open its first India showroom this month