Asahi India Glass Ltd, a supplier to the automotive industry, reported a consolidated net profit of Rs 76.69 crore during Q1FY25- witnessing a drop of 25.41% against Q1FY24. The company’s operating revenue on the other hand stood at Rs 1,135.83 crore in Q1FY25, a jump of 4.14% compared with Q1FY24. Asahi India Glass, with close… Continue reading Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%
Tag: Suzuki
Maruti Suzuki Q1’FY25 earnings: Net profit jumps 47% YoY as margin expands
Maruti Suzuki saw its net profit for the first quarter of the financial year 2025 jump 47% on a year-on-year basis as the company’s margins recorded a strong improvement on the back of factors such as higher volume with a favorable mix of utility vehicles, softening of raw material prices and improved realisations. India’s largest… Continue reading Maruti Suzuki Q1’FY25 earnings: Net profit jumps 47% YoY as margin expands
Mitsubishi to join Honda, Nissan alliance as Chinese juggernaut rolls on
With Mitsubishi now set to join this duo, there will hopefully be more savings on costs in the electrification journey. New Delhi: It was sometime in 2018 when a top member of Yamaha Motor’s leadership team told this writer that too much was being read into the (then) prevailing wave of consolidation in the Japanese… Continue reading Mitsubishi to join Honda, Nissan alliance as Chinese juggernaut rolls on
Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday
Revenue from operations may increase 16% Y-o-Y, according to an average estimate of four brokerages, while net profit is likely to be flat or seen declining up to 14% YoY. The first quarter earnings season is underway and as many as 115 companies will announce their quarterly numbers on Wednesday. Key results to watch out… Continue reading Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday
Lear (LEA) Q2 Earnings Beat Estimates, Guidance Revised
Lear Corp. LEA reported second-quarter 2024 adjusted earnings per share of $3.60, which increased from $3.33 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of $3.34. In the reported quarter, revenues increased 0.2% year over year to $6.01 billion and surpassed the Zacks Consensus Estimate of $6 billion. Lear Corporation Price, Consensus… Continue reading Lear (LEA) Q2 Earnings Beat Estimates, Guidance Revised
Maruti Suzuki India’s Grand Vitara crosses 2 lakh milestone in 23 months
Maruti Suzuki India’s Grand Vitara has crossed the 2-lakh sales milestone in just 23 months. Launched in 2022, it has pioneered a new era of SUVs, combining fuel-efficient powertrains with segment-leading features, a strong road presence, and sophisticated interiors. Celebrating this record-breaking milestone, Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited,… Continue reading Maruti Suzuki India’s Grand Vitara crosses 2 lakh milestone in 23 months
Suzuki Motor to set up fifth biogas plant in Gujarat
Suzuki Motor Corporation has concluded a three-party MoU for the basic agreement between Suzuki R&D Center India, a wholly owned subsidiary of Suzuki in India, National Dairy Development Board (NDDB), and Banas Dairy of Banaskantha district, Gujarat to set up a fifth biogas production plant as well as to promote rural mobility service utilising biogas,… Continue reading Suzuki Motor to set up fifth biogas plant in Gujarat
Uber, Lyft, and DoorDash have finally won the Prop 22 gig worker battle
/ The ride-hailing and food delivery services won’t have to classify gig workers as employees. By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Share this story California Gig Workers Union members gather outside the Supreme… Continue reading Uber, Lyft, and DoorDash have finally won the Prop 22 gig worker battle
Uno Minda introduces its technologically advanced range of D-90 horns in the Indian Aftermarket
Uno Minda today introduced a comprehensive range of D-90 horns in the Indian aftermarket, which it claims precisely matches the original manufacturer’s quality standards for Maruti Suzuki, Tata passenger vehicles and light commercial vehicles, ensuring they meet all necessary safety requirements. Anand Kumar, Head of Product and Strategy, Aftermarket Uno Minda Ltd., stated, “The original… Continue reading Uno Minda introduces its technologically advanced range of D-90 horns in the Indian Aftermarket
Maruti Ignis Radiance Edition priced at Rs 5.49 lakh
Maruti Suzuki has announced the introduction of a new Ignis Radiance Edition, which is priced from Rs 5.49 lakh. This is the newest of the slew of special editions that the company is bringing out to boost sales during what has been seen as a slowdown in mass-market segments. The entry-level Maruti Ignis Radiance Edition,… Continue reading Maruti Ignis Radiance Edition priced at Rs 5.49 lakh