New Delhi, Jan 3 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) witnessed a 2 per cent drop in production last month.In a regulatory filing, the auto major reported a total production of 1,52,029 units in December 2021 as compared to 1,55,127 units in the year-ago period.MSI said the total passenger vehicle production stood [...]
New Delhi, Jan 3 (PTI) FMCG major Marico on Monday said its consolidated revenue grew in "low teens" during October-December, hit by slowing consumption across the sector due to continuing inflation. The company expects its gross margin to improve sequentially but remain lower on a year-on-year basis, while its operating margins are expected to be [...]
New Delhi, Jan 3 (PTI) Automaker Kia India on Monday reported a 28 per cent increase in total sales at 2,27,844 units in 2021 amid supply constraints of semiconductors during the year. The company had sold a total of 1,77,982 units in 2020. Domestic sales stood at 1,81,583 units in 2021 as against 1,40,497 units [...]
Mumbai, Jan 3 (PTI) The assets under management (AUM) of small finance banks (SFBs) are expected to marginally register a growth of 20 per cent in the financial year 2020-21 compared with 18 per cent growth witnessed in the previous financial year, according to a report. However, the AUM growth will be lower compared to [...]
New Delhi, Jan 3 (PTI) Gross advances of CSB Bank grew 11.55 per cent to Rs 14,827.10 crore in the quarter ended December 31, 2021, according to the lender's provisional data released on Monday. In the corresponding quarter a year ago, the private sector bank had reported gross advances worth Rs 13,291.39 crore. Even as [...]
New Delhi, Jan 3 (PTI) NCC on Monday said it has received five new orders worth Rs 1,898 crore in December. Three orders worth Rs 988 crore pertain to the building division and the remaining two orders of Rs 910 crore pertain to the water division, NCC said in a BSE filing. "NCC has received [...]
Mumbai, Jan 3 (PTI) Gujarat-based WardWizard Innovations and Mobility Ltd, the maker of 'Joy e-bike' brand of electric two-wheelers, on Monday said it registered a 548 per cent y-o-y jump in sales to 3,860 units in December 2021. The company also said that for the first time, its December 2021 quarter (October-December) sales stood at [...]
New Delhi, Jan 3 (PTI) Toyota Kirloskar Motor (TKM) on Monday said its sales rose 45 per cent to 10,832 units in December 2021. The company had sold 7,487 units in the domestic market in December 2020. For 2021, the automaker reported wholesales of 1,30,768 units in the domestic market, up 72 per cent from [...]
New Delhi, Jan 3 (PTI) Hinduja flagship firm Ashok Leyland on Monday reported a 2 per cent decline in total commercial vehicle sales to 12,518 units in December 2021. The company had sold 12,760 units in the same month in 2020, Ashok Leyland said in a statement. Domestic sales were down 3 per cent at [...]
Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company registered sales of 250,933 units in December 2021 as against sales of 272,084 units in the month of December 2020. Two-Wheeler Total two-wheelers registered sales of 235,392 units in December 2021 as against sales of 258,239 units in December 2020. Domestic two-wheeler registered sales of 146,763 units [...]
