Tag
Automotive
14 articles
The automotive sector is demonstrating resilience and strategic shifts amidst evolving market dynamics. Several companies reported strong Q1 FY27 results, with Lumax Industries and PPAP Automotive leading the way with substantial revenue and profit growth, fueled by robust order books and demand, particularly in the EV segment. Mahindra & Mahindra is reinforcing its strategic direction with the appointment of Shveta Arya as Group Chief Strategy Officer, while Motherson Automotive is challenging a High Court judgment through an appeal to the Supreme Court. These developments, alongside regulatory pushes like the Ministry of Road Transport and Highways' proposal for mandatory vehicle-to-vehicle communication systems, signal a period of transformation and investment within the industry, though margin pressures from raw material costs and geopolitical factors remain a key risk.
Lumax Auto Q1 FY27 Revenue Up 33% YoY
Lumax Auto reported Q1 FY27 revenue of ₹1,364 crore, up 33% YoY, with EBITDA of ₹205 crore and PAT of ₹99 crore, up 83%.
The company maintains a robust order book of ₹1,600 crore, with 24% to be execu
Lumax Industries Q1 FY27 Revenue Up 32.6%
Lumax Industries reported Q1 FY27 consolidated revenue of ₹1,223 crore, a 32.6% YoY growth, with EBITDA at ₹113 crore and margins of 9.2%.
The company disclosed a robust order book of ₹2,500 crore, wi
Rane Holdings Q1 FY27 Earnings Conference Call
Rane Holdings schedules earnings call for August 21, 2026 to discuss Q1 FY27 unaudited results.
Management representatives from Rane Group will present financial performance and answer questions.
Call
Surjeet Hyundai Appeal: Counter Affidavit Deadline Set
Supreme Court Registrar heard Civil Appeal No. 7948/2026 between Surjeet Hyundai (Eshn Auto Corp India LLP) and Madhya Pradesh Pollution Control Board on 18‑08‑2026.
The Court ordered respondents to f
India's Electric Vehicle Sales Surge 46x Since 2016
Government backgrounder details India's EV ecosystem growth with sales increasing 46 times from 50,000 units in 2016 to 2.3 million in 2025.
Multiple policy schemes drive adoption including PM E-DRIVE
Divgi TorqTransfer Q1 FY27 Revenue Soars 85% YoY
Divgi TorqTransfer reported record Q1 FY27 revenue of ₹141.8 crore, an 85% YoY growth, driven by strong transfer case and component business performance.
EBITDA surged 118% YoY to ₹41.6 crore with mar
Supreme Court Dismisses SLPs, Orders ATS Review
Supreme Court granted permission to file SLPs and condoned filing delays but ultimately dismissed the petitions.
The court directed Rajasthan Government to consider Pawan Vehicle Fitness Centre's ATS
Mahindra Scorpio Lifestyler Launch Below ₹19.79L
Mahindra & Mahindra unveiled the Scorpio Lifestyler pickup truck, set for India launch by April 2027 with starting price below ₹19.79 lakh ex-showroom.
The vehicle targets global midsize pickup segmen
SKF India AGM Presentation: Demerger, EV Focus, FY26 Results
SKF India completed its demerger on 1st October 2025, creating two separate entities: SKF India Limited for automotive and SKF India (Industrial) Limited.
The company reported FY26 revenue of ₹21,295
PPAP Automotive Q1 FY27 Revenue Up 34% YoY
PPAP Automotive reported Q1 FY27 consolidated revenue of INR 156.4 crores, up 34.1% YoY, and EBITDA of INR 12.4 crores, up 33.3% YoY.
The company announced a technology partnership with Hutchinson for
Autoline Q1 Revenue Surges 74% YoY
Autoline Industries submitted Q1 FY27 earnings release showing 74% YoY revenue growth to ₹266.52 crore.
EBITDA grew 41.16% to ₹19.17 crore while PAT increased 268.63% to ₹1.88 crore with 0.71% margin.
Uravi Defence Q1 Net Profit Rises to ₹70.49 Lakhs
Board approved unaudited standalone and consolidated financial results for Q1 FY27, reporting a consolidated net profit of ₹70.49 lakhs.
Statutory auditors issued a qualified conclusion on consolidate
Alicon Castalloy Q1 FY27 Revenue Hits Record ₹578 Crore
Alicon Castalloy reported its highest-ever quarterly revenue of ₹578.01 crore, up 38% YoY, driven by strong domestic automotive demand.
EBITDA grew 8% YoY to ₹55.30 crore, though margins compressed to
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