Menon Bearings reported its best-ever quarter in Q1 FY27, with revenue up 37.2% to ₹94.04 crore and net profit rising 67.3% to ₹14.11 crore. The company also announced a dividend of ₹2 per share.
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Gabriel India's board will meet on July 21, 2026, to approve Q1 FY27 results and consider fund-raising via equity or other securities, alongside increasing authorized share capital. Investors await details on financial performance and ca...
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CEAT's consolidated net profit dropped to ₹4 crore in Q1 FY27 due to raw material inflation. Revenue grew 22% to ₹4,318 crore, supported by high capacity utilization. The company approved a ₹1,205 crore expansion for two-wheeler tyres.
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CEAT's consolidated net profit dropped significantly to ₹4 crore in Q1, down from ₹112 crore a year ago. This was driven by raw material cost inflation. However, revenue grew 22% YoY.
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Hero MotoCorp has entered the German market, its 5th European presence and 53rd global market. Partnering with KSR Group, the company aims to establish 30 sales points focusing on adventure motorcycles.
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GNA Axles reported a strong first quarter for FY27, with revenue from operations jumping 37% year-on-year to ₹470.44 crore. Profit for the period surged 66% to ₹38.32 crore, reflecting robust growth in the auto components sector.
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Menon Bearings reported strong Q1 FY27 results with consolidated total income up 37% to ₹94.30 crore and net profit rising 67% to ₹14.11 crore. The company also declared an interim dividend of ₹2 per share.
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Bajaj Auto's subsidiary, formerly PIERER Mobility AG, now Bajaj Mobility AG, reported strong preliminary Q2 2026 results. Revenue surged to EUR 370 million, with motorcycle sales up 71%. The company also showed a significant EBITDA margi...
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Hero MotoCorp is investing approximately ₹960 crore in Ather Energy by subscribing to convertible warrants. This move will increase Hero MotoCorp's stake in the EV maker to 30.68%.
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Ather Energy detailed its preferential issue pricing, issuing equity shares and warrants at a premium to the regulatory floor price. This signals confidence from both institutional investors and promoters in the company's valuation.
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Steel Strips Wheels reported a 43.3% rise in Q1 FY27 net profit to ₹71.5 crore, on a 27.2% revenue jump to ₹1,509.8 crore. Margin expansion and a shift to higher-margin products drove the growth.
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Ather Energy's revenue jumped 63% to ₹3,671.76 crore in FY26, while its net loss reduced to ₹517.17 crore from ₹812.28 crore. The company's assets also grew significantly, boosted by its IPO.
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Mercury Ev-Tech's 11 e-rickshaw models received Gujarat government approval for subsidies. Customers can get ₹48,000 off per vehicle under specific price caps until March 2028. The company must meet operational requirements like security...
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Ather Energy shareholders have approved the company's plan to raise up to ₹1,500 crore through a Qualified Institutions Placement (QIP). The resolution passed with overwhelming support, indicating strong investor confidence in the electr...
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Hero MotoCorp's board has approved an investment of up to ₹1,000 crore in Ather Energy. This move underscores Hero's commitment to the electric two-wheeler market and Ather's growth. The investment is via preferential allotment.
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Maruti Suzuki India has started accepting bookings for its updated compact SUV, 'The New Brezza'. The booking amount is ₹11,000. This move aims to strengthen its position in the competitive SUV market.
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Samvardhana Motherson International's subsidiary acquired an 11% stake in Shinnichi Kogyo from Honda for JPY 330 million. This is part of a larger plan to acquire Yutaka Giken.
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MRF Ltd reported strong financial results for FY26, with consolidated revenue crossing ₹31,000 crore and profit rising 30%. The company also recommended a final dividend of ₹229 per share, signaling robust performance and shareholder ret...
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MRF Ltd crossed ₹30,000 crore in consolidated turnover for FY26, reporting ₹31,149 crore. Standalone net profit rose 29% to ₹2,355 crore. The company declared a final dividend of ₹229 per share.
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Ather Energy announced its first mass-market scooter on the new 'EL' platform for its August 29, 2026 Community Day. This marks a strategic shift into a larger market segment priced between ₹1 lakh and ₹1.25 lakh, aiming for scalability...
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