Birla Corporation's Q4 FY24 net profit soars 127.59%

Birla Corp Q3 Profit Surge

In a financial triumph, Birla Corp has reported a consolidated net profit of INR 109 crore in the third quarter. This significant achievement showcases the company's resilience and strategic financial management amidst challenging market conditions. The positive outcome is attributed to efficient cost controls, streamlined operations, and a resilient market presence.

The quarterly report reveals a remarkable growth trajectory, underscoring Birla Corp's commitment to excellence in the construction industry. Key financial indicators highlight a robust performance, contributing to the com..

Birla Corporation reports Q2 profit surge for Rs 583.7 million

Birla Corporation, a company under the MP Birla Group, announced a consolidated net profit of Rs 583.7 million for the second quarter ending September 2023. This marked a significant improvement from the net loss of Rs 564.6 million reported in the same period last year, as stated in a regulatory filing by Birla Corporation.

During the quarter, Birla Corporation's revenue from operations rose by 14.3% to Rs 22.8583 billion, compared to Rs 19.9983 billion in the corresponding period the previous year.

In the cement business segment, Birla Corporation's revenue reached Rs 21.78..

Birla Corporation reports Q2 profit surge for Rs 583.7 million

Birla Corporation, a company under the MP Birla Group, announced a consolidated net profit of Rs 583.7 million for the second quarter ending September 2023. This marked a significant improvement from the net loss of Rs 564.6 million reported in the same period last year, as stated in a regulatory filing by Birla Corporation.

During the quarter, Birla Corporation's revenue from operations rose by 14.3% to Rs 22.8583 billion, compared to Rs 19.9983 billion in the corresponding period the previous year.

In the cement business segment, Birla Corporation's revenue reached Rs 21.78..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..