Montra launches SCV dealership in Hyd
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Hans India
2 days ago
- Hans India
Montra launches SCV dealership in Hyd
Hyderabad: Montra Electric, the clean mobility arm of the Murugappa Group, has launched its first exclusive electric Small Commercial Vehicle (e-SCV) dealership her. Operated by Sriram Harsha, this new facility is part of Montra Electric's nationwide expansion to address the rising demand for sustainable and high-performance commercial electric mobility solutions. The dealership will showcase the EViator, Montra Electric's category-defining e-SCV, designed for intercity logistics, market load operations, and efficient cargo movement. With best-in-class payload, intelligent telematics, and a low total cost of ownership, the EViator is tailored for the evolving needs of fleet operators and small businesses across India.
Hans India
3 days ago
- Hans India
Montra Electric launches Electric Small Commercial Vehicle dealership in Hyderabad
Montra Electric, the clean mobility arm of the Murugappa Group, has launched its first exclusive electric Small Commercial Vehicle (e-SCV) dealership in Hyderabad, Telangana. Operated by Sriram Harsha, this new facility is part of Montra Electric's nationwide expansion to address the rising demand for sustainable and high-performance commercial electric mobility solutions. The dealership will showcase the EViator, Montra Electric's category-defining e-SCV, designed for intercity logistics, market load operations, and efficient cargo movement. With best-in-class payload, intelligent telematics, and a low total cost of ownership, the EViator is tailored for the evolving needs of fleet operators and small businesses across India. The new dealership is well-positioned to serve Hyderabad's growing network of logistics companies, fleet owners, and entrepreneurs. A dedicated service infrastructure has also been established to ensure end-to-end customer support, from purchase to post-sales maintenance. Mr. Arun Murugappan, Chairman of TI Clean Mobility, Mr. Jalaj Gupta, Managing Director of TI Clean Mobility (Montra Electric), and Mr. Saju Nair, CEO of TIVOLT Electric Vehicles Pvt Ltd, present a memento to Mr. Harshavardhan, Chairman of Harsha Group, Mr. Sriram Nandina, Dealer Principal – Sri Ram Harsha and Ms. Niharika, Dealer Principal - Sri Ram Harsha dealership The inauguration was led by Arun Murugappan, Chairman of TI Clean Mobility, and Mr. Jalaj Gupta, Managing Director of TI Clean Mobility (Montra Electric), alongside Mr. Saju Nair, CEO of TIVOLT Electric Vehicles Pvt Ltd (Montra Electric's SCV division), and Mr. Harshavardhan, Chairman of Harsha Group, Mr. Sriram Nandina, Dealer Principal – Sri Ram Harsha and Ms. Niharika, Dealer Principal - Sri Ram Harsha. Their presence underscored Telangana's strategic importance in Montra Electric's long-term growth roadmap. Jalaj Gupta, said, 'Hyderabad is one of India's fastest-growing EV markets and is a high-potential logistics hub. With this new dealership, we continue our commitment to enabling clean, intelligent, and high-performance mobility for businesses across the country. Our partnership with Sriram Harsha reflects our shared vision of creating a robust and accessible EV ecosystem.' Saju Nair, added, 'The EViator is engineered to serve real-world logistics needs, be it intercity deliveries or urban cargo movement. With our expanding dealership footprint and strong channel partners like Sriram Harsha, we are ensuring that our customers can access future-ready commercial EVs backed by reliable service and performance.' Harshavardhan in the presence of Sriram Nandina and Niharika, said, 'We're proud to bring Montra Electric's advanced e-SCV technology to Hyderabad. The dealership is located at a critical node for intra-city and regional cargo movement, and we see growing demand for electric commercial vehicles that offer power, range, and dependability. Our fully equipped facility will offer customers a seamless ownership experience.' The EViator offers a certified range of 245 km and a real-world range of 170+ km. Powered by an 80-kW motor delivering 300 Nm of torque, the vehicle features intelligent telematics enabling over 95% uptime and is backed by a 7-year or 2.5 lakh km industry-leading extended warranty. With this Hyderabad launch, Montra Electric continues to expand its all-India network of SCV dealerships and service hubs, further strengthening its position as a leader in India's commercial EV revolution.
Time of India
08-08-2025
- Time of India
Cholamandalam Financial Holdings Q1 Results: Co posts cons PAT of Rs 1,259 crore
Cholamandalam Financial Holdings Ltd has reported a consolidated profit after tax of Rs 1,259.54 crore for the April-June 2025 quarter, the company said on Friday. The company, part of the diversified conglomerate Murugappa Group had reported a net profit of Rs 1,159.56 crore during the corresponding quarter of the last financial year. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Undo For the financial year ending March 31, 2025 the consolidated PAT was at Rs 4,739.88 crore. In a press release on Friday, the Chennai-headquartered company said, the consolidated total income grew to Rs 9,382.95 crore, from Rs 7,677.43 crore registered in the year ago period. For the financial year ending March 31, 2025 the consolidated total income was Rs 33,459.92 crore. Live Events Cholamandalam Investment and Finance Company Ltd, (in which Cholamandalam Financial Holdings has 44.34 per cent stake) during the April-June quarter disbursed Rs 24,325 crore, as compared to Rs 24,332 crore registered in the year ago period. Cholamandalam MS General Insurance Company Ltd (a subsidiary in the general insurance business), registered a Gross Written Premium of Rs 2,073 crore in April-June 2025 quarter, as compared to Rs 1,957 crore recorded in the corresponding quarter of the last financial year. The company's profit after tax for the quarter under review declined to Rs 119 crore, from Rs 211 crore registered in the corresponding quarter of last financial year. "The reduction in PAT is primarily on account of change in Fair value of equity instruments and increase in loss ratio in Motor, health and fire segments, " the company said. Cholamandalam MS General Insurance Company as of June 30, 2025 has an investment book of Rs 18,772 crore. Cholamandalam MS Risk Services Ltd (a joint venture company in which Cholamandalam Financial Holding holds 49.5 per cent stake) registered a total income of Rs 20.44 crore for the quarter ending June 30, 2025 as against Rs 16.29 crore registered in the corresponding quarter of the last financial year, the release said.
