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M&M’s net profit jumps on low base; Weak tractor sales weigh on operating performance

M&M’s net profit jumps on low base; Weak tractor sales weigh on operating performance

Kiran Murali     calendar14 Feb 2024

The automaker recorded Rs 629 crore as a one-time impairment provision in the year-ago quarter, while the weakness in tractor volumes and higher expenses dragged the margins.

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Mahindra continues to have ‘problem’ of plenty: 226,000 bookings News National
Mahindra continues to have ‘problem’ of plenty: 226,000 bookings

By Ajit Dalvi calendar14 Feb 2024

Scorpio N and Scorpio Classic with 101,000 units account for 45% of total bookings, followed by the Thar, XUV700, Bole...

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M&M expects to grow its SUV business in mid to high teens in FY2025 News
M&M expects to grow its SUV business in mid to high teens in FY2025

By Manobhava Baruah and Ketan Thakkar calendar14 Feb 2024

The company's automotive business, including small commercial vehicles and pickup trucks, grew by 20% to 2.11 lakh uni...

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Hero Mavrick 440 priced at Rs 1.99 lakh News
Hero Mavrick 440 priced at Rs 1.99 lakh

By Dinshaw Magol, Autocar India calendar14 Feb 2024

This is the most expensive Hero motorcycle to date.

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ZF Group inaugurates its 19th manufacturing plant in India at Oragadam News
ZF Group inaugurates its 19th manufacturing plant in India at Oragadam

autherAutocar Professional Bureau calendar14 Feb 2024

The multi-divisional facility will develop innovative solutions in safety, automated, connected, and electric domains ...

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Tata Nexon secures 5-star Global NCAP rating under new protocol News
Tata Nexon secures 5-star Global NCAP rating under new protocol

By Rivan RS, Autocar India calendar14 Feb 2024

The rating is applicable to Nexons produced after August 8, 2023; child occupancy rating has improved.

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StoreDot prototype cells achieve 100 miles in 4 minutes with extreme fast-charging tech News International
StoreDot prototype cells achieve 100 miles in 4 minutes with extreme fast-charging tech

autherAutocar Professional Bureau calendar14 Feb 2024

StoreDot has reached its ‘100in4’ milestone ahead of schedule in early prototype tests by implementing a suite of cell...

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StoreDot prototype cells achieve 100 miles in 4 minutes with extreme fast-charging tech News International
StoreDot prototype cells achieve 100 miles in 4 minutes with extreme fast-charging tech

autherAutocar Professional Bureau calendar14 Feb 2024

StoreDot has reached its ‘100in4’ milestone ahead of schedule in early prototype tests by implementing a suite of cell...

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Zapp EV gets $10 million funding, plans rollout of i300 urban scooter in Europe and Asia News International
Zapp EV gets $10 million funding, plans rollout of i300 urban scooter in Europe and Asia

autherAutocar Professional Bureau calendar14 Feb 2024

First vehicle deliveries from the British electric two-wheeler OEM expected in Europe in the coming months, to be foll...

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Zapp EV gets $10 million funding, plans rollout of i300 urban scooter in Europe and Asia News International
Zapp EV gets $10 million funding, plans rollout of i300 urban scooter in Europe and Asia

autherAutocar Professional Bureau calendar14 Feb 2024

First vehicle deliveries from the British electric two-wheeler OEM expected in Europe in the coming months, to be foll...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

Yes

 

32.24%

No

 

24.12%

Only in Premium Segment

 

43.64%

Total Votes : 456