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Zoomlion records 79.2% YoY increase in international revenue

The company achieved an annual revenue of RMB 47.075 billion

Sany international sales revenue up 35.87%

The net cash flow from business activities was 402 million yuan

RVNL bags NHAI contract for road upgradation in Odisha

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) worth 808.48 crores from the National Highways Authority of India.

BDL and BEL ordered Rs 3.85 billion worth of BEML bags

EBITDA margins increased significantly from 13.6%.

Wacker Neuson Introduces Compact ST27 Track Loader

Its the smallest model in its line of compact track loaders.

MRF's consolidated net profit for December quarter increased by 17%

Consolidated revenue from operations stood at Rs 56.44 billion.

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

Tata Elxsi doubles Q1 hiring on push from EVs

Tata Elxsi, a leading provider of design-led technology services including the auto sector, added 771 employees during April-June (Q1FY23) period.

Dilip Buildcon emerges as lowest bidder for Rs. 1,589 cr road project

Dilip Buildcon has jumped to Rs.250.50 by 4.17 per cent after the company announced that it is declared as the lowest bidder for Rs 1,589 crore road project by the National Highways Authority of India (NHAI), based on Hybrid Annuity in the state of Karnataka.

Escorts Q3 standalone profit up 14 per cent

Escorts reported standalone quarterly profit of Rs 201.5 crore in quarter ended December 2021 up by 14 per cent as against a profit of Rs 176.7 crore in sequential quarter and down by 28.2 per cent as against a profit of Rs 280.7 crore in the corresponding quarter.

Snapshot of L&T's Q3FY2021-22 results

Larsen & Toubro Q3 consolidated revenue recorded growth of 11% at Rs 39,563 cr

APL Apollo receives design patents for six innovative products

Structural steel tube manufacturer APL Apollo Tubes has recently received six registrations for its innovative products by the Office of the Controller General of Patents, Designs, and Trademarks.

APL Apollo receives design patents for six innovative products

The overall portfolio for APL Apollo Tubes has grown to 16 with the registrations

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.

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.

Liebherr achieves over Euro 10 bn in annual turnover

Despite the modest slowdown of the global economy, Liebherr registered a strong volume of orders in the first quarter of 2020. Starting at the end of the first quarter, the coronavirus pandemic began to affect business activities in many markets.

Liebherr achieves over Euro 10 bn in annual turnover

In 2020, the Liebherr Group achieved a turnover of Euro 10,341 million. Compared to the previous year, the company posted a decline of Euro 1,409 million, or 12%.

Schaeffler India secures net profit of 7.7%

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.

The Liebherr Group crosses ?10 bn annual turnover

The Liebherr Group notched up a turnover of ?10.551 billion in 2018, breaking through the ?10 billion barrier for the first time in the company?s history. This represents an increase of ?739 million, or 7.5 per cent, compared with the previous year.

Cummins India posts record sales growth in Q3 2018-19

The net sales of Cummins India for the quarter ended December 31, 2018 recorded 11 per cent growth at Rs 14.63 billion, compared to Rs 13.18 billion recorded in the same quarter last year, represent the highest sales ever achieved in a quarter.

Escorts posts 52.3 per cent net profit growth in Q3

Escorts reported a profit of Rs 1.401 billion in the quarter ending December 31, 2018, up by 52.3 per cent as against a profit of Rs 0.92 billion in the corresponding period last fiscal.

Bosch shows 21.3 per cent growth in Q1

Bosch Limited posted total revenue of Rs 32.12 billion from operations in first quarter of FY 2018-19, registering 21.3 per cent increase over the same period of the previous year on a comparable basis.

Gulf Oil clocks record volume growth

Gulf Oil Lubricants India Ltd (GOLIL) reported its unaudited results for the quarter ended June 30

SANY International sales double in first quarter

SANY International, a subsidiary company of SANY Group, recently released an unaudited financial report. According to the report, the company?s comprehensive revenue reached 997 million Yuan in the first quarter, a year-on-year growth of 96.5 per cent; the shareholders? net profit was 172 million Yuan, an increase of 139.9 per cent over the same period of last year, accounting for 75 per cent of the whole year 2017?s level.

We will take small steps to build ourselves

When I joined the company, I spent three months to understand the company, people, dealers, vendors, etc. I first identified the pain areas and major gaps and then prioritised the major actions we needed to take.

APM Terminals Pipavav announces Q1 results

APM Terminals Pipavav (Gujarat Pipavav Port Ltd) announced the standalone financial results for the first quarter ended June 30, 2017. The company reported a net profit of Rs 557 million for Q1FY18 as against Rs 598 million in Q1FY17.

Escorts Q1 net profit up 33.4 per cent

Escorts reported an increase in net profit by 33.4 per cent at Rs 62.6 crore in the quarter ending June 2017 against Rs 47 crore in quarter ended June 2016 and up by 5.3 per cent as against the sequential quarter.

Escorts posts over 91 per cent profit growth

Escorts reported a profit of Rs 160.4 crore in the year ended March 2017, up by 91.6 per cent as against a profit of Rs 83.2 crore in the previous fiscal. During the period, tractor sales were up by 24 per cent at 63,786 tractors as against 51,455 tractors in the previous fiscal. Construction equipment volume went up by 29.6 per cent at 3,315 units as against 2,555 units in the previous fiscal.

Escorts profit grows

Escorts reported a profit of Rs 22.7 crore in the quarter ending December 31, 2016, up by 11.2 per cent as against a profit of Rs 20.4 crore in the corresponding quarter in the previous fiscal. The profit reported is after one time loss from discontinued operations in respect of its Auto Products business of Rs 30.8 crore.

Escorts profits grow

Escorts Ltd reported a profit of Rs 22.7 crore in the quarter ending December 31, 2016, up by 11.2 per cent as against a profit of Rs 20.4 crore in the corresponding quarter in the previous fiscal. The profit reported is after one time loss from discontinued operations in respect of its Auto Products business of Rs 30.8 crore. The net profit for the nine months ending December 2016 was up by 54.4 percent at Rs 101 crore as against Rs 65.4 crore in the corresponding period last year.

NMDC net dips

NMDC has reported a 5.63 per cent decline in net profit at Rs 771 crore in the quarter ending in September FY 2017 as against Rs 817 crore in the corresponding quarter last year.

Escorts H1 profit soars

Escorts Ltd reported a profit of Rs 31.3 crore in the quarter ending September 30, 2016 as against a profit of Rs 9.8 crore in the corresponding quarter in the previous fiscal.

APM Terminals Pipavav net at Rs 594 mn

APM Terminals Pipavav (Gujarat Pipavav Port Ltd), announced the standalone financial results for the second quarter ended September 30, 2016 (Q2FY17). The company reported a net profit of Rs 594 million for Q2FY17 as against Rs 875 million in Q2FY16.

APM Terminals Pipavav posts net profit of Rs 594 million for Q2FY17

Escorts H1 profit soars

Escorts Ltd reported a profit of Rs 31.3 crore in the quarter ending September 30, 2016 as against a profit of Rs 9.8 crore in the corresponding quarter in the previous fiscal. The net profit for the half year ending September 2016 was up by 74 per cent at Rs 78.2 crore as against Rs 45 crore in the corresponding period last year.

Apollo Tyres posts growth in Q1

Apollo Tyres Ltd reported a consolidated net profit of Rs 315 crore for the first quarter (Q1) ended June 30 up by 11 per cent

Srei Q1 net more than doubles

Srei Infrastructure Finance Ltd?s consolidated net profit more than doubled to Rs 51.57 crore during the April-June quarter (Q1) compared to a net profit of Rs 23.32 crore

Apollo Tyres posts growth in Q1

Apollo Tyres Ltd reported a consolidated net profit of Rs 315 crore for the first quarter (Q1) ended June 30 up by 11 per cent, compared with Rs 284 crore

Srei Q1 net more than doubles to Rs 51 crore

Srei Infrastructure Finance Ltd's consolidated net profit more than doubled to Rs 51.57 crore during the April-June quarter (Q1) compared to a net profit of Rs 23.32 crore posted during the same quarter last year

Bosch to invest Rs 770 cr

Bosch reported a 23.2 per cent increase in net profit at Rs 1,245 crore for the financial year 2016, and 9.5 per cent increase in revenue at Rs 10 crore

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.

IRB Infra Q3 net rose 27%

IRB Infrastructure announced an increase in net profit for Q3 to Rs 169 crore for the quarter ended December, compared to Rs 133 crore a year ago, a rise of 27 per cent. The rise is largely due to a surge in the company?s revenue and income from road infrastructure projects.

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.

Srei BNP Paribas Q2 net rises

Srei BNP Paribas recorded a 20.8 per cent increase in net profit at Rs 27.62 crore for the second quarter of this fiscal, compared to Rs 22.85 crore

Elecon posts net profit

Elecon Engineering Company announced its unaudited consolidated financial results for the first quarter of this financial year 2015-16

Elecon turnover shows growth

Elecon Engineering Company announced its unaudited financial results for the quarter/nine months ended on December 31, 2014.

ACE net profit zooms

Action Construction Equipment (ACE) disclosed a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 3.26 times to Rs 26 million from Rs 7.97 million in the same quarter last year.

ACE sales at Rs.157.95 crore

Action Construction Equipment (ACE) has reported a standalone sales turnover of Rs 157.95 crore and a net profit of Rs 0.80 crore for the quarter ended December 2013. Other income for the quarter was Rs 1.23 crore. For the same period last year, the standalone sales turnover was Rs 170.99 crore while net profit was Rs 1.45 crore and other income, Rs 1.01 crore.

Sharp fall in Caterpillar revenue

Caterpillar has posted a 16 per cent decline in revenue for 2013 at $55.7 billion as against the 2012's figure of $65.9 billion. The company said this was due to a sharp fall in sales of new mining equipment. The company made a net profit of $3.79 billion last year, compared to $5.68 billion in 2012, a 33 per cent drop.

Kalyani Forge on growth track

Kalyani Forge, one of India's oldest manufacturers of precision forged and machined components, has posted a recovery in its net profit at Rs 2.77 crore for the quarter ended June 30, 2013 as compared to a net loss of Rs 16 lakh in the previous quarter ended March 31, 2013.

We at Shriram treat FTUs as niche and are focused on supporting small customers.

All bottlenecks on the project execution side, i.e., environmental, land clearances, financial closures, allocation of funds, and awarding of contracts need to be tackled on an immediate basis, or else the industry will see a major down-turn and many good operators will exit the segment, says Rakesh Chandra, Vice President and Risk Head, Shriram Equipment Finance Company. Excerpts from the interview.

SEFC has already attained the most prominent position in the CE finance space

We have drawn a three-year plan and in the first tranche, we are well on track. The next three years will be a mixed bag of challenges and opportunities and we will capitalise on the same and consolidate our position to be one of the largest NBFCs in this segment, says Akshaya Nayak, Head Administration and Legal, SEFC.

Cummins India announces results

Cummins India has announced its audited results for the year ended March 31, 2013. The company has posted a net profit of Rs 7,641.10 million for the year ended March 31, 2013 as compared to Rs 5,912.70 million

Ashok Leyland FY2013 results

Ashok Leyland has announced its audited results for the year ended March 31, 2013. The company has posted a net profit of Rs 4,337.067 million for the year ended March 31, 2013 as compared to Rs 5659.766.

CIL chief hopes to exceed Rs 1 trillion revenue in FY14

Media reports quoted Narsing Rao, Chairman of Coal India (CIL) as saying that the firm, which posted a turnover of Rs 88,281 crore during 2012-13 hopes to achieve a 12-13 percent growth in the same in the current financial year. He reportedly expressed hope of exceeding Rs 100,000-crore turnover during 2013-14. There are only eight companies in India that are in the Rs 100,000-crore club

We aim to increase asset size by 65 per cent over the previous year

Fastest response time, large distribution and collection net?work coupled with high risk appetite and complete geographic, customer and asset classes' inclusion gives as an edge over competition in retail segment financing, says Pratap Paode, Chief Executive Officer, SEFC.

Atlas Copco (India) in top 500

Atlas Copco (India) was ranked at number 26 in Industry 2.0 magazine?s tenth annual listing of Top 500 manufacturing companies in India in 2012. The ranking is based on composite scores on nine parameters comprising sales turnover, absolute increase in sales, percentage change in the sales turnover, net profit, increase in net profit, PAT/sales ratio, return on capital employed, and increase across two financial years.Filip Vandenberghe, Managing Director, Atlas Copco (India), commented, ?We a

Robust Q2 results for Elecon

Elecon Engineering Company announced its unaudited financial results for the quarter ended on September 30, 2012. The turnover for Q2 FY13 is at Rs 329.67 crore as against Rs 335.36 crore in Q2 FY12 representing a decline of 1.7 percent.

We shall nearly double our net profit and increase asset size by 65% this year

We are certainly one of the largest FTU segment financers in the CE industry and nearly 65 per cent of our book holds FTU and small customers. This originates from our parent company's philosophy of empowering small customers and entrepreneurs, says Pratap Paode, Chief Executive Officer, Shriram Equipment Finance Company.

Cummins genset price increased

The Power Generation Business of Cummins India announced a price increase of up to three per cent for its diesel generator sets and generator set engines in the range of 7.5 kVA and 3,000 kVA,

Elecon announces Q3 results

Elecon Engineering Company announced its unaudited financial results for the quarter ended on 31 December 2011. The turnover for Q3 FY12 is at Rs 299 crore as against Rs 300 crore in Q3 FY11 which is a drop of around 0.11 percent in turnover Q on Q.

Elecon turnover up by 20%

The Board of Directors of Elecon Engineering, one of India's largest material handling equipment and trans?mission products manu?factures, announced its un-audited resu?lts for the second quarter ended on September 30th 2011.

Elecon net profit up by 12%

Elecon Engineering, one of the India's largest material handling equipment and transmission products manufactures announced its unaudited results for the first quarter ended on 30 June 2011.

Topline jump

It's a clear growth pattern. The consolidated financial results for the last fiscal (April 10-March 11) announced by many of the major OEMs shows a definite growth trajectory especially in the lifting and earthmoving and the concrete equipment segments.

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