record profit from Tata..
While other manufacturers are reporting record loss, Tata Motors reported a 22 percent rise in quarterly standalone net profit, increased by 22% to Rs.466.76 crores, compared to Rs.381.85 crores in the corresponding quarter last year.Tata Motors standalone revenues (net of excise) was Rs.6056.82 crores, an increase of 5% compared to Rs.5749.56 crores [...]
Archive for July, 2007
is auto majors betting on film stars?
July 31st, 2007 under Auto specials and Software & web. 1 CommentMonsoon rains will make demand for motors more sluggish so auto companies are set to step on the marketing gas by roping in film stars as their brand ambassadors. Traditionally starting july this quarter is believed to be lean period for both two and four wheelers so a dash of filmy spice isn’t at all [...]
Mahindra and Mahindra
Like the two wheeler majors, high interest rate, strengthening of indian rupee and high input cost has bitten scorpio maker Mahindra and Mahindra(M&M). Mahindra posted a 6.36 per cent decline in net profit of Rs 191.17 crore for the first quarter against Rs 204.17 crore last year. Mahindra’s operating margin, a key [...]
