Rane Holdings Q4 results : profit at ₹31.4Cr, Revenue decreased by 7.19% YoY
Rane Holdings Q4 Results Live : Rane Holdings declared their Q4 results on 15 May, 2024, with the topline decreasing by 7.19% and the profit reaching ₹31.4cr.

Craftsman Automation’s FY25 roadmap: Capex of ₹500 crore and fundraise plans unveiled
Chennai: Craftsman Automation Ltd, a parts maker for the automotive and industrial sectors, is proposing a capex of about ₹500 crore in FY25. The bulk of the investments is likely to be spent on completing two of its greenfield factories in Rajasthan and Tamil Nadu.

Pricol Q4 Results Live : profit rise by 39.25% YOY
 

NCLT okays Metalysts Forgings' acquisition by Deccan value-led group

NFO Alert: SBI Mutual Fund launches automotive opportunities fund — all you need to know

Pricol Q4FY24 PAT up 39.25% to INR 41.5cr
New Delhi: Pricol Limited has announced its financial results for the fourth quarter and the full financial year 2023-24. The company reported a consolidated revenue from operations of INR 22,081.69 million for FY24, marking a 16.05% growth compared to the previous financial year.

Pitti Engineering Q4 net profit jumps 60% on better margin

Income increased to ₹359 crore (₹263 crore) in the quarter under review. EBITDA was up 20 per cent at ₹49 crore (₹41 crore). The board has recommended a dividend of ₹1.50 per equity share. The company plans to raise ₹360 crore through the issuance of debentures to fuel further growth.

India Motor Parts & Accessories posts ₹73 cr standalone net profit in FY24
 

EV components maker Matel raises USD 4 mn in funding

Motherson Sumi Wiring Q4 Results: PAT jumps 38% YoY to Rs 191 crore, revenue rises 19%

SBI Mutual Fund launches automotive-focused thematic fund | Will it beat Nifty Auto’s 266% rise in 10 yrs?

SBI MF targets to attract ₹5,000-crore investment in Automotive Opportunities NFO

Rane Holdings Q4FY24 net profit at INR 38.4 cr
Rane Holdings Limited, the holding company of the Rane Group Wednesday announced the financial performance for the fourth quarter (Q4FY24) and full year (FY24) ended March 31, 2024.

EV components maker Matel raises $4 million in funding

Tube Investment to raise INR 350 cr in FY25
New Delhi: Tube Investment of India, a part of the Murugappa Group, has the approval of its Board of directors to raise INR 350 crore in FY25 by way of term loan and/or by issuing privately placed secured non-convertible debentures.

SAR Group’s Sumeet Tandon joins Neolite ZKW Lightings
New Delhi: After working for exactly a year at the SAR Group, Sumeet Tandon has put in his papers and joined lighting major Neolite ZKW Lightings as Chief Strategy and Marketing Officer, as per industry sources.

Sterling Tools Q4 FY24 PAT up 109% to INR 16.3 cr
New Delhi: Sterling Tools Limited (STL), for the fiscal year ended March 31, 2024, has reported that its consolidated total income increased by 21.11% to INR 938.5 crore, much above the domestic automobile industry's growth rate of 12.5% over the same period. Its subsidiary Sterling Gtake E-Mobility (SGEM) reported 86% increase in revenue compared to FY23, the company said.

Mandeep Auto Industries IPO: Check issue size, price band, GMP and other details

TVS Holdings to buy 80.7% stake in Home Credit India
TVS Holdings will acquire an 80.7% stake in Home Credit India Finance for Rs 554 crore in a bid to expand its presence in the consumer finance segment, the company announced in an exchange filing on Friday.

TVS Holdings Q4 Results Live : profit rise by 51.23% YOY
TVS Holdings Q4 Results Live : TVS Holdings declared their Q4 results on 09 May, 2024. The topline increased by 3.94% & the profit increased by 51.23% YoY. As compared to the previous quarter the revenue declined by 12.03% and the profit increased by 3.54%.

Shanti Gears Q4 Results Live : profit rise by 31.9% YOY
Shanti Gears Q4 Results Live : Shanti Gears declared their Q4 results on 09 May, 2024. The topline increased by 24.51% & the profit increased by 31.9% YoY.

Sterling Tools changes leadership roles to drive innovations, focus on new verticals
New Delhi: Sterling Tools Limited (STL), the second largest automotive fasteners manufacturer in the Country and the largest MCU (Motor Control Unit) manufacturer for the Electric Vehicle (EV) industry in India (through its 100% owned subsidiary-Sterling Gtake E-Mobility Limited), has redesignated the role of Chairman and Managing Director Anil Aggarwal as Chairman and Whole-time Director. He will continue to provide overall guidance and mentorship to the company.

TVS Holdings to acquire 80.74% stake in Home Credit India Finance for Rs 554 crore
TVS Holdings to acquire 80.74% in Home Credit India for Rs 554 cr

Sundaram-Clayton Q4 net loss narrows

Bharat Forge Q4 Results Live : profit rise by 74.01% YOY
Bharat Forge Q4 Results Live : Bharat Forge declared their Q4 results on 08 May, 2024, with the topline increasing by 14.75% and the profit increasing by 74.01% YoY.

Sujan ContiTech eyes top position in NVH products by 2028

Shanthi Gears Q4 Results: Company reports PAT at Rs 25.68 cr vs Rs 19.47 crore a year ago

Rane Madras Q4 standalone net loss narrows

TVS Holdings Q4 consolidated net rises 43% to ₹464 crore

Kirloskar Oil Engines reports highest-ever quarterly, annual top line on robust market demand
Pune: In the fourth quarter of FY24, Kirloskar Oil Engines Limited (KOEL) reported a 21 per cent year-on-year increase in net sales, reaching ₹1,378 crore as compared with ₹1,141 crore in the same period last year. The company’s EBITDA saw a significant growth of 38 per cent standing at ₹178 crore, while the EBITDA margin improved to 12.8 per cent from 11.2 per cent in Q4 FY23. Net profit for the quarter stood at ₹118 crore, reflecting a 26 per cent gain year-on-year.