Latest news with #MurugappaGroup
Hans India
4 hours ago
- Automotive
- 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.
Time of India
08-08-2025
- Business
- 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.
Economic Times
08-08-2025
- Business
- Economic Times
Carborundum Universal Q1 Results: Co reports net profit at Rs 60 crore
Carborundum Universal Ltd on Friday recorded a dip in its consolidated net profits at Rs 60.39 crore for the April-June 2025 quarter due to a decline in its sales in the abrasives business, the company said. ADVERTISEMENT The city-based manufacturer of industrial ceramics and abrasives had reported a net profit of Rs 114.84 crore during the corresponding quarter of the last financial year. For the year ending March 31, 2025 the net profits stood at Rs 298.71 crore, Carborundum Universal Ltd part of the diversified conglomerate Murugappa Group said in a statement here on Friday. The consolidated total income for the quarter under review grew to Rs 1,237.75 crore, from Rs 1,204.56 crore registered in the corresponding quarter of last financial total income for the financial year ending March 31, 2025 stood at Rs 4,935.22 from the electro-minerals division during the April-June 2025 quarter were at Rs 405 crore, witnessing a growth of 6.3 per cent. ADVERTISEMENT The abrasives division reported a decline of 8 per cent on the sales in April-June 2025 quarter to Rs 508 crore, the company said. The ceramics division during the quarter under review recorded sales of Rs 300 crore, up by 11.1 per cent over the corresponding quarter of last financial year, it added. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
08-08-2025
- Business
- Time of India
Carborundum Universal Q1 Results: Co reports net profit at Rs 60 crore
Carborundum Universal Ltd on Friday recorded a dip in its consolidated net profits at Rs 60.39 crore for the April-June 2025 quarter due to a decline in its sales in the abrasives business, the company said. The city-based manufacturer of industrial ceramics and abrasives had reported a net profit of Rs 114.84 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 For the year ending March 31, 2025 the net profits stood at Rs 298.71 crore, Carborundum Universal Ltd part of the diversified conglomerate Murugappa Group said in a statement here on Friday. The consolidated total income for the quarter under review grew to Rs 1,237.75 crore, from Rs 1,204.56 crore registered in the corresponding quarter of last financial year. The total income for the financial year ending March 31, 2025 stood at Rs 4,935.22 crore. Live Events Sales from the electro-minerals division during the April-June 2025 quarter were at Rs 405 crore, witnessing a growth of 6.3 per cent. The abrasives division reported a decline of 8 per cent on the sales in April-June 2025 quarter to Rs 508 crore, the company said. The ceramics division during the quarter under review recorded sales of Rs 300 crore, up by 11.1 per cent over the corresponding quarter of last financial year, it added.
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Business Standard
05-08-2025
- Business
- Business Standard
Tube Investments Q1 results: PAT of ₹303 cr, income rises to ₹5,380 cr
Tube Investments of India Ltd, part of the Chennai-based Murugappa Group, has reported a consolidated net profit of Rs 303.19 crore for the quarter ended June 30, 2025, the company said. The company had posted a net profit of Rs 316.78 crore in the corresponding quarter of the previous financial year. For the financial year ended March 31, 2025, the company had recorded a consolidated net profit of Rs 1,054.29 crore. In a press release issued on Tuesday, the company said total income for the April-June 2025 quarter rose to Rs 5,380.63 crore from Rs 4,642.66 crore reported in the year-ago period. For FY25, the company's consolidated total income stood at Rs 19,835.71 crore. During the June 2025 quarter, the engineering business vertical posted revenues of Rs 1,298 crore, up from Rs 1,265 crore in the same period last year. The Metal Formed Products division reported revenue of Rs 366 crore, as against Rs 358 crore in the corresponding quarter of the previous fiscal. Among group companies, CG Power and Industrial Solutions Ltd, a subsidiary of Tube Investments, recorded consolidated revenue of Rs 2,878 crore in Q1 FY26, compared to Rs 2,228 crore in the same quarter last year. Profit before tax for the quarter stood at Rs 364 crore, up from Rs 336 crore a year ago. Shanthi Gears Ltd, in which Tube Investments holds a 70.46 per cent stake, posted revenue of Rs 135 crore for the quarter, slightly down from Rs 139 crore reported in the corresponding period of the previous year. Its profit before tax rose to Rs 31 crore from Rs 29 crore last year, the company added.
