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Gerrit Marx is new CEO of CNH

Marx returns to CNH from Iveco Group, succeeding Scott W. Wine

BDL and BEL ordered Rs 3.85 billion worth of BEML bags

EBITDA margins increased significantly from 13.6%.

Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr

Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.

Escorts Kubota Q2 standalone net profit at Rs 87.7 cr

Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.

Escorts Kubota Q1 profit at Rs 147.5 cr

Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.

Escorts Kubota Q1 profit at Rs 147.5 cr

Construction equipment volumes up by 59.4% at 966 units

GR Infra, Tata Projects, Afcons India's fastest growing large construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Welspun, PSP, Ahluwalia bag honours as fastest construction companies in under ?2k cr

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

APCO, DRAIPL, HG Infra bag honours as fastest growing construction companies

The companies were awarded at the 19th CONSTRUCTION WORLD Annual Awards.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter ended 30 June 2021, registering a y-o-y growth of 38 per cent, attributed to healthy execution of projects despite the second wave of Covid-19 affecting operations at many locations.

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore

Larsen and Toubro achieved consolidated revenues of Rs 29,335 crore for the quarter

HIL announces Q4 and FY 2020-21 results

Consolidated EBITDA stood at Rs.114.8 crore despite strains faced due to second wave of COVID-19 in the domestic as well as the overseas market

Escorts' standalone profit up by 80.0% to Rs 874.1 cr

Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

Escorts Q2 profit up

Escorts reported a standalone profit of Rs 1.046 billion in quarter ended September 30, 2019, up by 1.8 per cent as against a profit of Rs 1.027 billion in the corresponding period last year.

LANXESS reports stable second quarter results

Specialty chemicals company LANXESS is on track despite the weaker economy and geopolitical uncertainties and can look back on a stable second quarter.

TCIEXPRESS posts robust growth in Q3

After reporting stellar figures in Q2, TCIEXPRESS has sustained its robust growth figures. The company?s net Q3 revenue showed robust growth of 14.89 per cent, while the EBITDA stood at Rs 31.63 crore after registering an increase of 28.26 per cent.

Bharat Forge posts revenue growth in Q2

Bharat Forge witnessed broad-based growth across all business segments and geographies during the second quarter (Q2) of the financial year 2019.

Wacker Neuson reports substantial revenue growth

The Wacker Neuson Group reported a marked rise in revenue and earnings during the first six months of 2018. Revenue for the first half of 2018 rose 8 per cent to a new record high of EUR 825 million (EUR 764 million in H1/17).

Bharat Forge posts 23.2 per cent revenue growth

The Q1 FY19 was the seventh consecutive quarter of sequential revenue growth for Bharat Forge Ltd (BFL), driven by a combination of its de-risked business model and end market growth. Total revenue at Rs 14,797 million grew by 23.2 per cent compared to Q1 FY18.

TCIEXPRESS reports 21.84% revenue growth in Q1

TCIEXPRESS announced its financial results for the Q1 of FY 2018-19. The company?s Q1 revenue reflected a robust growth of 21.84 per cent and at Rs 248.10 crore. The EBITDA stands at Rs 27.46 crore, registering a growth of 45.14 per cent YoY. Further, the PBT during the first quarter also rose sharply by 44.22 per cent.

Wacker Neuson reports success in 2017

The global light and compact equipment manufacturer Wacker Neuson reported a significant rise in revenue and earnings for 2017 compared to the previous year and was able to achieve the goals set by the company.

Wacker Neuson Group reports 20 per cent revenue growth in Q3

The Wacker Neuson Group reported revenue of EUR 378.7 million for the third quarter of 2017. This corresponds to an increase of 20 per cent relative to the previous year (EUR 315.7 million).

Coal import decline to impact port players

The rating firm ICRA has cautioned against the continuing decline in coal imports that may impact long term returns for port players with high concentration of coal cargo.

Wacker Neuson Group reports strong Q2 results

he Wacker Neuson Group reported record revenue of EUR 425.2 million for the second quarter of 2017 (Q2 2017). This corresponds to an increase of 11 per cent relative to the previous year (Q2/2016: EUR 381.4 million).

Terex completes sale of MHPS business

Terex Corporation announced that it has completed the sale of its Material Handling and Port Solutions business (MHPS) to Konecranes Plc for $595 million and -?200 million in cash and 19.6 million newly issued class B shares representing a 25 per cent interest in Konecranes.

Terex completes sale of MHPS business

Terex Corporation announced that it has completed the sale of its Material Handling and Port Solutions business (MHPS) to Konecranes Plc for $595 million and ?200 million in cash and 19.6 million newly issued class B shares representing a 25 per cent interest in Konecranes.

GDL revenue grows

GDL Group?s revenue from operations increased from Rs 1,233 crore in 2014-15 to Rs 1,291 crore in 2015-16. EBITDA has gone down from Rs 238 crore to Rs 183 crore.

Higher orders boost L&T profit in Q3

Engineering and construction giant Larsen and Toubro Ltd (L&T) has reported a 19 per cent increase in net profit for the quarter ended December 31, on the back of higher orders and better project execution.

TVS Tyres posts growth

TVS Srichakra reported improved EBITDA for the first quarter 2015-16 as compared to Q1 FY 2014-15.

Palfinger posts revenue growth

Palfinger Group has posted a revenue growth of 10.7 per cent in the first quarter of 2015 at ?292.3 million.

Sanghvi Forging sales up by 92%

The Vadodara-based Sanghvi Forging & Engineering announced its Q3 FY14-15 results with a net sales of Rs 25.50 crore for the period ended December 31, 2014, up from Rs 13.28 crore in the corresponding period of previous year, resulting in an increase of 92 per cent.

Cummins Q4 revenue up

Cummins Inc reported results for the fourth quarter and full year of 2014. Fourth quarter revenue was $5.1 billion, an increase of 11 per cent from the same quarter in 2013.

We are one of the first major players in India to get into cold forging.

We were the first company in India to successfully develop a fracture split connecting rod and this was a major breakthrough at that time. Our engineering capability is what differentiates us from others because of which we can produce very high quality and high precision products for the customers, says Viraj G Kalyani, Executive Vice President, Kalyani Forge. Excerpts from the interview.

Metso's net sales up 25 per cent

Metso?s net sales increased 25 per cent in the comparison period, and were EUR 1,687 million, whereas new orders worth EUR 1,498 million were received in October?December, ie, 10 per cent more than in the comparison period.

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