EBITDA for the quarter ended June 30, 2021, stood at Rs 510 million as against Rs 440 million a year back, indicating a growth of 214%. It continued to consolidate its leadership in the Large Vans segment.
Tag: domestic market
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With Scrappage Policy auto industry can revive faster
The Covid 19 pandemic is having enormous effects globally. The global economy has been hit hard, even worse than the Great Depression in 1930.
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Sonalika Tractors reach 57 % growth in H1 2017
Sonalika International Tractors Ltd, India’s third largest tractor brand, has recorded a growth of 57.6 per cent in the month of September and has a set a record by selling 50,000 tractors within the first half of FY17.
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Daimler Buses hopes to be running across India by year-end
German auto giant Daimler is preparing to achieve pan-India presence for its bus business by the end of this year. Also, the company’s vehicle manufacturing factory near Chennai is set to export its first fully-built bus soon.
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VE Commercial Vehicles records14.43% sales rise in October
VE Commercial Vehicles reported 14.43 per cent increase in total sales in October at 4,560 units as compared with 3,985 units in the same period last year.