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Eicher Motors Q1 FY25 earnings: Higher selling price, profit share from VECV boost net profit

Eicher Motors Q1 FY25 earnings: Higher selling price, profit share from VECV boost net profit

Kiran Murali     calendar08 Aug 2024

The New Delhi-based automaker's consolidated net profit rose 20% on year to Rs 1,101.5 crore. The share of profit from the VECV was Rs 174.6 crore, up from Rs 100 crore.

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Tata Motors' strategic demerger aims for $1 billion revenue per segment News
Tata Motors' strategic demerger aims for $1 billion revenue per segment

By Shahkar Abidi and Ketan Thakkar calendar08 Aug 2024

Post-restructuring, the company will be divided into two listed entities: TML, encompassing the commercial vehicle bus...

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EVage Motors targets 20-30% of India e-LCV market share by CY2035 News National
EVage Motors targets 20-30% of India e-LCV market share by CY2035

By Mayank Dhingra calendar03 Aug 2024

Mohali-based company, which offers a sustainable transportation solution in the form of its 1-tonne FR8 all-electric t...

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In Conversation with EVage Motors' Inderveer Singh Video
In Conversation with EVage Motors' Inderveer Singh

By Mayank Dhingra calendar02 Aug 2024

Mohali-based EV startup is eyeing up to 30 percent market share with a strong electrification potential of the last-mi...

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EV sales in India jump 53% in July to 179,000 units, EMPS revs up 2- and 3-wheeler demand Analysis Sales
EV sales in India jump 53% in July to 179,000 units, EMPS revs up 2- and 3-wheeler demand

By Ajit Dalvi calendar01 Aug 2024

With strong retails in the EMPS-eligible two- and three-wheeler segments, India EV Inc registers its second-best month...

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M&M tractor sales up 6% in July 2024 News
M&M tractor sales up 6% in July 2024

autherAutocar Pro News Desk calendar01 Aug 2024

Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the Mahindra Group, has announced its tractor sales ...

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M&M's domestic truck sales surge 77% YoY in July even as other segments decline  News
M&M's domestic truck sales surge 77% YoY in July even as other segments decline 

autherAutocar Pro News Desk calendar01 Aug 2024

The sales of vehicles in the Light Commercial Vehicle (LCV) category weighing less than 2 tonnes slid by 11% to 3036 u...

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Auto Sales July 2024: Tata Motors reports weak performance News
Auto Sales July 2024: Tata Motors reports weak performance

autherAutocar Pro News Desk calendar01 Aug 2024

The company reported total sales of 71,996 units in the domestic and international markets, marking an 11% decline co...

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Construction equipment maker ACE sees major boost from Budget 2024-25 News
Construction equipment maker ACE sees major boost from Budget 2024-25

autherAutocar Pro News Desk calendar01 Aug 2024

The budget will catalyze a surge in demand for construction equipment throughout India, according to the company.

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M&M reports strong improvement in profitability in Q1 News
M&M reports strong improvement in profitability in Q1

By Kiran Murali calendar31 Jul 2024

Mahindra & Mahindra’s operating profit recorded robust growth on the back of double-digit volume improvement with a fa...

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Can Tesla's entry boost the Indian EV market?

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