Tag
Automotive
21 articles
The automotive sector is experiencing a period of dynamic change, driven by both strategic investments and operational challenges. Maruti Suzuki inaugurated a new vehicle manufacturing facility with an initial capacity of 0.5 million units, signaling its ambition to reach 4 million units annually, while JLR reported a 9.2% decline in Q1 wholesale volumes due to supply constraints and geopolitical factors. Simultaneously, Tata Motors reported record FY26 sales and completed a significant demerger, and Bajaj Auto announced a substantial share buyback and record profits, reflecting robust demand and strategic portfolio optimization. These developments highlight the industry's focus on capacity expansion, navigating supply chain disruptions, and pursuing strategic restructuring to capitalize on evolving market opportunities.
Madras HC Orders Police Protection for MRF Factory
MRF Ltd filed a writ petition on 03 July 2026 seeking a mandamus to prevent illegal strike assemblies within 500 m of its Puducherry factory.
The High Court noted violation of a 2024 injunction and or
Modi Announces Japan Business Week at India-Japan Forum
PM Modi announced a PMO-led Japan Business Week for direct engagement with Japanese investors to address concerns and facilitate greater investment.
India recorded 7.7% GDP growth last year and has be
Seoyon E-Hwa vs Ola Electric NCLT Delay Appeal
NCLT Bengaluru allows Seoyon E-Hwa's appeal to condone delay in refiling petition against Ola Electric.
Tribunal permits appellant to refile documents within seven days, directing registry to open e-f
Maruti Suzuki Kharkhoda Plant Inaugurated with 0.5M Capacity
Maruti Suzuki inaugurated its Kharkhoda vehicle manufacturing facility with an initial capacity of 0.5 million units.
The facility will scale to 1 million units with a total investment of INR 35,000 c
JLR Q1 Wholesale Down 9.2% YoY
JLR Q1 FY27 wholesale volumes were 79,300 units, a 9.2% YoY decline, impacted by supply constraints and Middle East conflict.
Retail sales fell 15.3% YoY to 80,000 units, with declines across all majo
ZF Steering Gear AGM Notice Director Reappointments RPTs
ZF Steering Gear issues notice for its 46th AGM on July 27, 2026, to be held virtually via VC/OAVM.
Seeks shareholder approval for 5-year reappointment of Chairman Dinesh Munot and Managing Director U
TVS Holdings Reports FY26 ₹322 Crore Profit with Dividend
TVS Holdings reported standalone net profit of ₹322.30 crore for FY26 with dividend income of ₹286.54 crore from subsidiaries including TVS Motor Company.
The company received RBI registration as a Co
TVS Motor FY26 Record 5.89M Units Sales, 30% Revenue Growth
TVS Motor achieved record annual sales of 5.89 million units with revenue of ₹47,270 crore (30.4% growth) and profit after tax of ₹3,615 crore (37% growth), solidifying its position as world's third-l
SML Mahindra FY26 Net Profit Rises 31% to ₹159.75 Crores
SML Mahindra reported 17% sales volume growth to 16,632 vehicles and 31% rise in net profit to ₹159.75 crores for FY 2025-26.
Mahindra & Mahindra acquired 58.97% controlling stake effective August 202
Resourceful Automobile FY26 Audited Results Submission
Resourceful Automobile submitted audited standalone financial results for FY26 and H2FY26, approved in a rescheduled board meeting on June 17, 2026.
FY26 revenue reached ₹2,625.91 lakh with net profit
Bajaj Auto FY26 Record ₹9,825 Crore Profit, ₹150 Dividend, Buyback
Bajaj Auto reported record standalone revenue of ₹58,732 crore and 20.5% profit growth to ₹9,825 crore for FY2026, recommending a ₹150 per share dividend.
The company approved a ₹5,633 crore share buy
Mahindra ESOP Trust Transfers 74,765 Shares
Mahindra & Mahindra discloses ESOP trust transfer of 74,765 shares to 41 employees on 22nd June 2026.
Transfer executed pursuant to exercise of stock options under company's employee stock option sche
Kinetic Engineering Q4 Revenue Up 16% YoY
Kinetic Engineering reported Q4 FY26 consolidated revenue of ₹447.3 million, a 16.1% YoY increase, with an adjusted PAT of ₹11.2 million.
The company is expanding into the EV market through subsidiary
RACL Geartech FY26 Revenue Crosses ₹512 Crore
RACL Geartech reported consolidated FY26 revenue of ₹512.42 crore, a 20% YoY growth, with PBT surging over 100% to ₹65.73 crore.
The company secured new high-volume projects from Royal Enfield and Kaw
Tata Motors PV Posts Record FY26 Sales Post-Demerger
Tata Motors PV achieved record passenger vehicle sales of 641,586 units with 15.3% YoY growth and maintained EV market leadership with 92,179 units sold post-commercial vehicles demerger.
The company
Him Teknoforge FY26 PAT Surges 29% on Operational Strength
Him Teknoforge reported FY26 financial results with PAT increasing 29.2% YoY to ₹12.6 Cr driven by operational efficiencies.
Full-year revenue grew 8.0% to ₹435.2 Cr with gross profit margin expanding
Tata Motors Reports Strong FY26 Results Post Demerger
Tata Motors reported robust FY26 performance with ₹83,855 crore revenue, ₹3,030 crore PAT, and recommended a final dividend of ₹4 per share following its successful demerger from passenger vehicles.
T
GNA Axles FY26 Results: 9% PAT Growth, ₹3 Dividend
GNA Axles reported FY26 PAT of ₹116.99 Cr, up 9.22% YoY despite 4% revenue decline to ₹1,478.42 Cr, with domestic sales growing 14%.
Company announced 33rd AGM on June 30, 2026 and recommended dividen
Lumax Auto Technologies FY26 Revenue Hits Record ₹4,870 Crore
Lumax Auto Technologies reported record FY26 consolidated revenue of ₹4,870 crore and PAT of ₹337 crore, representing 34% and 47% YoY growth respectively.
The company announced strategic portfolio opt
Steel Strips Wheels Q4 FY26 Highest Ever Revenue
Steel Strips Wheels reported its highest-ever quarterly revenue of INR 1,475 crores, up 20% YoY, and full-year revenue of INR 5,183 crores, up 17% YoY.
Management projects 15-20% PAT growth for FY27,
Lumax Industries Q4 Revenue Up 30% YoY
Lumax Industries held its Q4 & FY26 earnings call, reporting record annual revenue of INR 4,184 crore, up 23% YoY.
EBITDA margin expanded to 9.8% for FY26, a 130 bps improvement, with a healthy order