Montra Electric targets Rs 500 crore investment in FY24–25; aims to capture 15% of Indian market in four to five years
The capex will be used to fuel expansion across various verticals including setting up facilities for small commercial...
Kiran Murali
25 Jan 2024
The company’s management said the new products will be the super-premium segment.
Read moreThe capex will be used to fuel expansion across various verticals including setting up facilities for small commercial...
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"I don’t expect it to disappear but gradually the 125cc plus segment could become larger," says Sharma.
Positive Growth across all motorcycle segments, strong performance in 125cc and above categories.
Higher domestic volumes and a richer product mix helped the company improve its operating profit margin by 100 basis p...
The company's operating revenue grew by 26% at Rs 8,245 crore for the quarter ended December 2023.