M&M reports net loss of Rs 2,510 crore in Q4 FY20, Auto News, ET Auto

Operating margin of M&M increased slightly to 13.6 percent in the last quarter of FY20, compared to 13.5 percent in the corresponding quarter of previous fiscal.
Operating margin of M&M greater marginally to thirteen.6 per cent in the last quarter of FY20, as opposed to thirteen.five per cent in the corresponding quarter of prior fiscal.

New Delhi: Homegrown automobile key Mahindra & Mahindra (M&M) on Friday declared a consolidated net decline of Rs two,509.67 crore in Q4 FY20, which ended on March 31. M&M’s revenue also declined by 35 per cent on a YoY foundation to Rs 9,005 crore in the same quarter, as opposed to the Q4 FY19, when it registered Rs thirteen,808 crore revenue.

Operating margin of M&M greater marginally to thirteen.6 per cent

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Auto sector capex may have fallen 18% in FY20, Auto News, ET Auto

Individual segments will however see a much sharper drop as the BS-VI transition investment is already in place and the overall auto industry is working with 50% capacity utilisation.
Unique segments will however see a a great deal sharper fall as the BS-VI transition investment decision is by now in area and the over-all automobile field is performing with 50% potential utilisation.

Chennai: An eighteen-month slowdown and the pandemic-induced lockdown has resulted in a sharp drop in prepared investment decision by the car field.

The automobile and part field blended will see its over-all capex shrink from Rs 31,750 crore in FY19 to an estimated Rs 26,000 crore in FY20 — a fall of eighteen%, in accordance to a report by Crisil.

Unique segments will however see a a

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$5 billion cash reserves keep Maruti Suzuki on the road in Q4, FY20, Auto News, ET Auto

Financial income of Rs 3,420 crore of Maruti Suzuki was close to 50% of profit before tax in FY20.
Money cash flow of Rs three,420 crore of Maruti Suzuki was shut to fifty% of revenue prior to tax in FY20.

Mumbai: Close to $five billion of cash reserves came to the rescue of Maruti Suzuki, India’s premier motor vehicle maker, in the fourth quarter of FY20 as passenger vehicle sales declined the most in a long time. The company’s financial cash flow from investments exceeded profits from the main business of earning and offering vehicles.

Money cash flow of Rs three,420 crore was shut to fifty% of revenue prior to tax in FY20. That compares with running revenue (EBIT)

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Ashok Leyland sales tank 90% in March at 2,179 units, FY20 sales down 37%, Auto News, ET Auto

The cumulative sales of M&HCV dropped by 45 percent 78,607 units in FY'20, sales of LCV registered a decline of 14 percent at 46,646 units in the same period.
The cumulative product sales of M&HCV dropped by forty five per cent 78,607 models in FY’20, product sales of LCV registered a drop of fourteen per cent at forty six,646 models in the exact period.

New Delhi: Hinduja Team flagship enterprise Ashok Leyland on Monday documented a 90 per cent drop in total product sales at two,179 models for March 2020, as against 21,535 models in the exact thirty day period past calendar year.

Sales for its medium and large industrial cars (M&HCV) dropped by 89 per cent at one,831 models in March as against sixteen,034 models in the calendar

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