Lumax Auto Technologies Limited, a leading automotive component manufacturer, has announced its unaudited financial results for the 1st quarter ended June 30, 2025, marking a steady start to FY26, demonstrating executional strength & scale benefits, with visible gains from both core operations and recent strategic investments. Consolidated Financial Highlights for Q1FY26: · Revenue Growth: Consolidated revenue from operations surged to ₹1026 crores in Q1FY26, […]
Tag: profitability
Battery Smart appoints Amit Bhardwaj as CFO
Battery Smart, India’s largest battery-swapping network for electric two- and three-wheelers, has announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). With over two decades of experience in financial strategy, risk management, and business growth, Amit’s appointment marks a pivotal step in Battery Smart’s expansion as it strengthens its leadership in the […]
Axalta introduces ‘Nimbus’ Cloud-Based Platform for Refinish Customers to improve productivity and performance
Axalta , a leading global coatings company, today announced the launch of Axalta Nimbus, its global customer experience platform for refinish customers. This technology seamlessly connects customers to all of Axalta’s tools and resources to improve efficiency, enhance productivity, boost performance, and maximize profitability. Axalta Nimbus provides a cohesive, end-to-end experience for customers around the […]
Dealer revenue and profitability to rebound to pre-COVID levels next fiscal
Resultant higher cash accruals and lower inventory will bolster credit metrics With 20-22% revenue growth and 50-100 basis points (bps) improvement in operating margin expected for next fiscal, overall revenue and operating profits of automobile dealers are set to scale back to pre-COVID levels, a study of 191 rated by CRISIL Ratings Ltd. shows. Revenues, […]