News Overview

Both companies are likely to set up development centres in the state, together bringing in an estimated investment of around ₹2,000 crore.

For the quarter ended September 2025, the company’s revenue fell 13% year-on-year to ₹951 crore.

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.

Mutual fund folios grew 18.3% yoy; with the pace of growth slowing due to the high base effect

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.

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.

With a new quarter starting, debt funds saw a revival of flows at the short end of the yield curve

Supported by global R&D and strong local manufacturing, it manufactures automobile parts that comply with BS-VI and Euro 6 standards.