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Indian business shines with new customer programs, while European subsidiary EMOSS faces significant headwinds and potential restructuring.
Lumax Industries Ltd (BOM:517206) reports 32.6% revenue surge to INR1,223 crore, with a robust INR2,500 crore order book and ambitious 15-20% CAGR growth target through FY31.
According to chairman RC Bhargava, the growth will be driven by renewed small car demand.
Strong demand drives 33% domestic volume growth and market share gains, but commodity costs and supply chain shifts pressure profitability.
Satyakam Arya, CEO of Hino Motors, talks about his vision and priorities of shaping the 10th largest CV manufacturer globally
The decline came even as net sales climbed 36% to Rs499.59bn.
The company aims to have a production capacity of four million vehicles in India in the medium term.
The carmaker posted net sales of Rs1.74tn in FY2025-26, up 20.2% from the previous year.
Despite achieving record sales and expanding production capacity, Maruti Suzuki India Ltd faces profit declines due to market pressures.
Suzuki Motor (TSE:7269) has entered a financing partnership in the US with Octane Lending, widening credit access for buyers of its motorcycles and ATVs. Maruti Suzuki, the group’s key Indian subsidiary, is signaling potential vehicle price hikes and export delays linked to higher commodity costs tied to conflict in the Middle East. These moves affect both Suzuki’s US growth ambitions and its cost and pricing pressures in a major production hub. Suzuki Motor (TSE:7269) earns a large share...
The Indian Foundation for Quality Management (IFQM) convened its first MSME Symposium at Anna University, Chennai, bringing together over 250 MSME CEOs, CPOs and CEOs of large companies, quality experts, and academic leaders to deliberate on making India's Micro, Small, and Medium Enterprises (MSMEs) globally competitive and export-capable. The symposium, themed - India Needs… A Resurgent MSME Sector - called for a 'national quality sprint' to integrate with the global value chains.
Lumax Industries Ltd (BOM:517206) achieves its best quarterly performance with an 18.7% revenue increase, while navigating challenges in LED module localization and capital expenditure.
Despite a decline in sales volume, Vardhman Special Steels Ltd (BOM:534392) focuses on capacity enhancements and sustainability projects to drive future growth.
A sweeping GST slash turns Diwali season into a nationwide buying frenzy, reviving demand from cars to kitchenware
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