The Pawan Munjal-led company registered an 11 percent year-on-year increase in revenue at Rs 10,463 crore
TVS Motor Q2FY25: Sales from operations came at Rs 9,228 crore for the September quarter as against Rs 8.142 crore a year ago
The second-generation Jupiter by TVS Motor will be pitted against other 110 cc ICE scooters such as Honda Activa and Hero Pleasure Plus
CEO Niranjan Gupta says that the company's EV range will expand into the mid and affordable segment by the end of this financial year.
Our expectation is that the two-wheeler market should grow around 6-8 per cent this year,” Bajaj Auto Executive Director Rakesh Sharma told reporters
The country’s largest two-wheeler manufacturer is looking to grow its market share in the premium motorcycles segment from last year's 5 percent levels.
The company, which posted its highest ever vehicle sales, revenue and net profit in FY24, has earmarked capex of about Rs 1,000 crore in FY25
The Chennai-based two-wheeler manufacturer’s revenue from operations jumped by 24 percent to Rs 8,169 crore in Q4FY24
The two-wheeler manufacturer's revenue rose 15 percent to Rs 9,519 crore in Q4FY24 as compared to Rs 8,307 crore in Q4FY23.
The biggest Pulsar will be pitted against the likes of the Triumph Speed 400, KTM 390 Duke and the upcoming Royal Enfield Guerrilla 450
The Pune-headquartered company, which posted an impressive 35 percent jump in net profit in the March quarter, is betting its CNG-driven bike, the world's first, will attract fuel-conscious customers
On the margin front, EBITDA rose by 2.5 percent or 250 basis points to 14 percent from 11.5 percent in the same period last year “aided by commodity costs, leap savings, premiumisation and judicious price changes”.
While Hero MotoCorp will continue to bet on the commuter segment in the long run, the overall market will start looking up as government spending and the resulting jobs and incomes push up demand for two-wheelers.
The company’s profitability improved despite lower sales in volume terms during the July-September period, with data showing sales went down by 8.4 percent from last year to 10.54 lakh.
The new sports bike, which was unveiled in Bangkok, is based on the same platform that TVS has co-developed with BMW and underpins G 310 R, G 310 RR and G 310 GS sold by the German automaker
The new-generation Karizma will take on Suzuki Gixxer SF 250, Yamaha R15, and Bajaj Pulsar RS 200
Lower commodity costs, price hikes, positive operating leverage and a richer product mix have also helped the company boost its bottom line
The business will launch a variety of product lines that will serve Singapore's premium delivery market as well as individual commuting needs.
The two-wheeler manufacturer had sold 51,320 units in March 2016, Eicher Motors said in a statement.
Munjal says the US presidential elections could go either way as both, Hillary Clinton and Donald Trump keep going ahead of each other in turns. Whoever wins, India's importance cannot be ignored and the country will not suffer if either of the candidates wins.
Ravikumar is confident that the drop in exports could end in the second quarter of financial year 2017. The company is going to review its export guidance of 16 lakh units for FY17 by December.
Shares of Hero Motocorp declined nearly 3 percent after showing dismal sales performance in May, impacted by rural slowdown.
Bajaj Auto posted a net profit of Rs 837 crore for the three months to September 30 compared to Rs 741 crore in the same period a year earlier. Revenue rose 5.07 percent to Rs 5061.49 crore as against Rs 4,817.07 crore in the same quarter last fiscal.
Hero MotoCorp, India's biggest two-wheeler manufacturer, will spend Rs 2,575 crore on two new factories to be operational by the second quarter of the next financial year, the automaker's managing director said.
Two-wheeler manufacturer TVS Motor Company today launched the new Apache RTR 2012 series incorporating cosmetic changes.