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Hero MotoCorp Q2 profit jumps 41% as scooter and EV sales surgeHero MotoCorp’s Q2 FY27 consolidated profit rose 41% to Rs 1,860.55 crore, while revenue increased 23% to Rs 14,970.50 crore. Scooter sales...
Why India’s largest carmaker’s chairman believes small cars still rule the road despite the SUV crazeMaruti Suzuki Chairman R C Bhargava highlighted the ongoing demand for small cars in India. He noted sales figures of 398,000 small cars an...
Tuborg maker Carlsberg India moves closer to IPO, files updated DRHP for complete OFS issueCarlsberg India has filed an updated draft prospectus with Sebi for an IPO comprising 8.64 crore shares, entirely through an offer for sale...
Gold demand gains traction as market enters key festive & wedding seasonBar and coin demand, meanwhile, has reportedly moderated as price momentum has eased, tempering some of the investment-related buying seen ...
Apache maker TVS Motor rides EV surge to record quarterly salesTVS Motor Company achieved its highest quarterly sales in the September quarter, largely due to electric vehicle demand. The company’s elec...
Hindustan Unilever looks to stronger FY27, but commodity inflation threatens to squeeze marginsHindustan Unilever expects commodity inflation to continue impacting margins in the near term. The company anticipates better growth in FY2...
Maruti Suzuki shares see target price cuts by Jefferies, Nomura, other brokerages after Q2 net profit drops 26% YoY. What’s ahead?Maruti Suzuki shares post marginal gains despite a 26% YoY decline in Q2 FY27 net profit. Jefferies, Nomura and Elara Capital lower their t...
JLR looks to narrow gap with BMW in India on local Defender assembly and price cuts of up to Rs 34 lakhJaguar Land Rover is focusing on local assembly of the Land Rover Defender to increase its market presence. The company has reduced prices ...
Maruti Suzuki flags West Asia-linked commodity costs as margins come under pressureMaruti Suzuki India achieved record quarterly sales in the September quarter despite facing profitability challenges. The company reported ...
Maruti Suzuki Q2 Results: Profit falls 26% YoY to Rs 2,466 crore, but revenue rises 26%In the July-September quarter, Maruti Suzuki India experienced a notable 26% decrease in net profit compared to last year. Still, revenue s...
India's festive auto sales show mixed trends; two-wheelers outperform passenger vehicles: JefferiesThe mixed sales trend comes after strong growth in the first half of FY27 (April-September), when passenger vehicle registrations and whole...
Carlsberg India's revenue dips 2% as sales volumes, market share riseCarlsberg India reported a 2.3% decline in total income to ₹8,815 crore in FY26. Despite the revenue drop, net profit rose by 22.1% to ₹535...
Heineken document reveals worries over weight-loss drugs and beer salesHeineken has warned UK pubs about the increasing impact of weight-loss drugs on beer sales. These medications may reduce consumers' desire ...
Bonfiglioli Transmissions shares to list today: Check GMP ahead of debutThe Rs 2,533.66 crore IPO comprised an offer for sale (OFS) of 4.32 crore shares, with no fresh issue component. As the offering was entire...
Sony India TV, audio sales stay flat in FY26 despite GST boostOverall revenue from operations grew a marginal 0.9% to ₹7,918 crore, while net profit rose 19% to ₹187 crore. The company's other business...
Pizza Hut India’s restaurant sales fall 7% in FY26; EBITDA margin turns negativePizza Hut India reported a 7% decline in restaurant sales to ₹5,065 million in FY26. Restaurant EBITDA margin improved to -2.8% in Q2 FY27 ...
Carlsberg said to near public filing for $700 million India IPOCarlsberg is preparing to publicly file for a potential $700 million IPO of its Indian business, with investor roadshows expected next week...
India’s online retail market to cross $90 billion in 2026, grocery to overtake mobiles: RedseerIndia's online retail landscape is on a fast track, expected to hit USD 90 billion by 2026. The surge in demand is primarily for grocery, b...
India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheersPernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overa...
Carlsberg India told to close Alwar unit over pollution breach ahead of $700 million IPO plansCarlsberg India's operating consent for its Alwar brewery was revoked due to high particulate emissions. The brewery's pollution levels wer...