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

By 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...

Exicom acquires global EV charging specialist Tritium, expands footprint News
Exicom acquires global EV charging specialist Tritium, expands footprint

autherSarthak Mahajan calendar08 Aug 2024

Exicom's acquisition of Tritium's business and assets boosts its global presence in the rapidly growing electric vehic...

Hindustan Petroleum to set up battery swapping stations at over 22,000 pumps News
Hindustan Petroleum to set up battery swapping stations at over 22,000 pumps

autherSarthak Mahajan calendar08 Aug 2024

Mooving to Install 500+ Automated Swapping Stations at HPCL's 22,000+ Retail Outlets

Bharat Forge Q1 FY25 net profit drops 18.34% to Rs 174.57 crore News
Bharat Forge Q1 FY25 net profit drops 18.34% to Rs 174.57 crore

By Shahkar Abidi calendar08 Aug 2024

The company in its investor presentation stated that in its automotive division,  the CV business remained soft YoY as...

Bharat Forge gets nod for Rs 2000 crore fundraise News
Bharat Forge gets nod for Rs 2000 crore fundraise

By Shahkar Abidi calendar08 Aug 2024

The group secured new orders worth Rs 980 crore across Defence, Ferrous and Aluminum castings and the core forging bus...

Bharat Forge gets nod for Rs 2000 crore fundraise News
Bharat Forge gets nod for Rs 2000 crore fundraise

By Shahkar Abidi calendar08 Aug 2024

The group secured new orders worth Rs 980 crore across Defence, Ferrous and Aluminum castings and the core forging bus...

FADA Academy and IIT Delhi launch Advanced Certificate Program for auto dealership leaders News
FADA Academy and IIT Delhi launch Advanced Certificate Program for auto dealership leaders

autherAutocar Pro News Desk calendar08 Aug 2024

FADA Academy, in partnership with IIT Delhi, has introduced a 7-day Advanced Certificate Program in Automotive Operati...

Remote workers, homemakers, multi-car owners drive adoption of PAYD insurance News
Remote workers, homemakers, multi-car owners drive adoption of PAYD insurance

autherSreejith Rajan calendar08 Aug 2024

Hybrid and remote workers have emerged as the largest segment of PAYD customers, constituting 35% of the total custome...

India's EV infrastructure sees rapid growth, projected to support 50 Million EVs by 2030 News
India's EV infrastructure sees rapid growth, projected to support 50 Million EVs by 2030

autherSarthak Mahajan calendar08 Aug 2024

India's EV infrastructure is rapidly expanding, with public charging stations growing nearly ninefold since 2022. As E...