Supported by global R&D and strong local manufacturing, it manufactures automobile parts that comply with BS-VI and Euro 6 standards.
With a new quarter starting, debt funds saw a revival of flows at the short end of the yield curve
Mutual fund folios grew 18.3% yoy; with the pace of growth slowing due to the high base effect
Lower inflation was again led by food inflation, but near-zero inflation does raise demand concerns
EBITDA for the quarter also came in positive at ₹47.50 Crore as compared to a loss of ₹30.70 Crore in the same quarter of previous year.
While some of it was tempered by net outflows from secondary equity sales, equity overall added INR 27.57 billion.
EBITDA for the quarter jumped more than twice to ₹60 Crore as compared to ₹25 Crore in the previous corresponding quarter.
The company’s EBITDA margin widened to 37.4% from 27.4%. This is reflecting stronger execution and cost control.
As per the details disclosed, the total capital commitment from each company will be about ₹3,600 Crore or $400 Million.
For the quarter ended September 2025, the company’s revenue fell 13% year-on-year to ₹951 crore.
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