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The Morning After: Apple might skip iOS 19, straight to iOS 26
The Morning After: Apple might skip iOS 19, straight to iOS 26

Yahoo

time2 days ago

  • Business
  • Yahoo

The Morning After: Apple might skip iOS 19, straight to iOS 26

According to Bloomberg, the next versions of Apple's operating systems may be labeled by year, starting now. It makes sense. At this point, we've got VisionOS 2, watchOS 11, macOS 15, iOS 18 and iPadOS 18. Instead, they might all be tagged 26 — even if they launch this year. It's not the first tech company to align new products with the year of release. Samsung started naming its phones by year of release in 2020 with the S20, which followed the S10. We'll learn for sure in under two weeks: WWDC kicks off June 9. — Mat Smith Get Engadget's newsletter delivereddirect to your inbox. Subscribe right here! Fujifilm GFX100RF review: A powerful, fun camera that's far from perfect Can you still buy a Switch 2 on launch day? Maybe Weber Smoque review: A simplified smart grill that's still a workhorse Video Games Weekly: Grand Theft Auto is no friend to the queer community Volkswagen review: A head-turning EV microbus with unfortunate flaws One of the standout deals of this year's Days of Play sale is the PS5 DualSense Edge controller. You can pick one up for $169, which is 15 percent off its usual price. The deal is available on Amazon and directly from Sony. The Edge resembles a regular DualSense controller, but there's a lot more to it. For instance, there are function buttons below each thumbstick and rear paddles, and you can choose between a set of levers or shorter half-domes. If you haven't jumped on the PS5 yet, the PS5 Pro also gets a $50 discount. Continue reading. Opera has launched another… Opera browser. Neon is its first fully agentic browser. That means it's baked in AI chat with users and can surf the web on their behalf. It… clicks for you. It can even fill out forms and shop for you. If you're feeling more ambitious, you can ask Neon to build websites, animations, even games, and it can continue chipping away at big projects while you're offline. Will that all be enough to swing you away from all your Chrome plugins or Safari passwords? According to recent figures, just over 2 percent of internet users use Opera. You can try it for yourself now. Oh wait, no, there's a waitlist. Continue reading. Pulsar's latest competitive gaming mouse features a premium tiny fan from Noctua, the renowned fan brand. (Apparently, no one makes fans quite like the Austrians). With a skeletal shell designed to enhance airflow, it's for sweaty-palmed professional gamers. Like the original Feinmann mouse from Pulsar, it has a 32,00 DPI sensor and an ultra-fast 8,000 Hz polling rate. Due to the fan, it's a little heavier than the original at 65 grams. And the price of dry palm calm? $180. Continue reading.

The Morning After: Apple might skip iOS 19, straight to iOS 26
The Morning After: Apple might skip iOS 19, straight to iOS 26

Engadget

time2 days ago

  • Engadget

The Morning After: Apple might skip iOS 19, straight to iOS 26

According to Bloomberg , the next versions of Apple's operating systems may be labeled by year, starting now. It makes sense. At this point, we've got VisionOS 2, watchOS 11, macOS 15, iOS 18 and iPadOS 18. Instead, they might all be tagged 26 — even if they launch this year. It's not the first tech company to align new products with the year of release. Samsung started naming its phones by year of release in 2020 with the S20, which followed the S10. We'll learn for sure in under two weeks: WWDC kicks off June 9. — Mat Smith Get Engadget's newsletter delivered direct to your inbox. Subscribe right here! One of the standout deals of this year's Days of Play sale is the PS5 DualSense Edge controller. You can pick one up for $169, which is 15 percent off its usual price. The deal is available on Amazon and directly from Sony. The Edge resembles a regular DualSense controller, but there's a lot more to it. For instance, there are function buttons below each thumbstick and rear paddles, and you can choose between a set of levers or shorter half-domes. If you haven't jumped on the PS5 yet, the PS5 Pro also gets a $50 discount. Continue reading. Opera has launched another… Opera browser. Neon is its first fully agentic browser. That means it's baked in AI chat with users and can surf the web on their behalf. It… clicks for you. It can even fill out forms and shop for you. If you're feeling more ambitious, you can ask Neon to build websites, animations, even games, and it can continue chipping away at big projects while you're offline. Will that all be enough to swing you away from all your Chrome plugins or Safari passwords? According to recent figures, just over 2 percent of internet users use Opera. You can try it for yourself now. Oh wait, no, there's a waitlist. Continue reading. Pulsar's latest competitive gaming mouse features a premium tiny fan from Noctua, the renowned fan brand. (Apparently, no one makes fans quite like the Austrians). With a skeletal shell designed to enhance airflow, it's for sweaty-palmed professional gamers. Like the original Feinmann mouse from Pulsar, it has a 32,00 DPI sensor and an ultra-fast 8,000 Hz polling rate. Due to the fan, it's a little heavier than the original at 65 grams. And the price of dry palm calm? $180. Continue reading.

Rare earth magnet bottleneck threatens Bajaj Auto's EV output; Q4 profit rises 6% amid strong domestic demand
Rare earth magnet bottleneck threatens Bajaj Auto's EV output; Q4 profit rises 6% amid strong domestic demand

Time of India

time2 days ago

  • Automotive
  • Time of India

Rare earth magnet bottleneck threatens Bajaj Auto's EV output; Q4 profit rises 6% amid strong domestic demand

Bajaj Auto warned of a looming disruption in electric scooter production starting July if the ongoing restrictions on exports of rare earth magnets by China are not resolved swiftly. The company flagged a significant operational risk during its March quarter earnings call, with inventories of the critical component depleting and no clear timeline for resolution in sight. 'The rare earth situation is a very difficult one,' Rakesh Sharma, executive director, Bajaj Auto told reporters citing a 'very onerous' approval process that includes certifications from Indian ministries, the Chinese embassy, and local Chinese provincial authorities. Although more than 30 applications have been submitted by the industry, no clearances have been received so far. Chinese authorities have indicated that the process could take 40–45 days, but Sharma said that the 'loop has not closed,' casting doubt on the viability of the system. 'If there is no relief and no shipments come through, production will definitely be impaired by July,' Sharma warned. The company emphasised that there is no short-term substitute, as refining rare earth elements—despite deposits in India and elsewhere—requires substantial investment and technological expertise. Rare earth magnets are a key input in electric motors, and their limited supply could stall Bajaj Auto's electric vehicle ambitions just as it is scaling up its EV pipeline. China is the market leader with 80% of supplies concentrated in the region. The company acknowledged that this issue, coupled with geopolitical and currency-related headwinds, could constrain export and EV growth in the near term. Driven by sustained demand in the domestic market and a recovery in select export geographies, net profit at Bajaj Auto for the quarter ended March 31 rose 6% year-on-year to Rs 2,049 crore from Rs 1,936 crore in Q4FY24. Revenue from operations stood at Rs 12,148 crore, up 6% from Rs 11,485 crore in the year-ago period. The uptick was supported by a favourable product mix, robust domestic demand, and margin stability despite cost pressures. The March quarter revenue and net profit were above analysts' average expectation of Rs 11,821 crore and Rs 1,946 crore in that order. Total sales during the quarter grew 4% to over 11 lakh units, with motorcycles and three-wheelers continuing to show strong performance. EBITDA margins were steady, aided by premiumisation, particularly in the Pulsar and KTM ranges. For FY25, Bajaj Auto reported a standalone net profit of Rs 8,151 crore, marking a 9% rise over Rs 7,479 crore in the previous year. Adjusted for a one-time deferred tax provision of ₹211 crore, the profit stood at Rs 8,363 crore. Full-year revenue grew 12% to Rs 50,010 crore, as volumes crossed 46.5 lakh units. Export markets, especially in Latin America and parts of Asia, showed encouraging signs. The company's exports in 30 key countries grew by 31%, outpacing the industry's 26% growth, with record sales in models like Pulsar and Dominar. However, the outlook for Africa remains cautious due to economic fragility, said Sharma. Bajaj Auto ended the year with a cash flow from operations of Rs 7,267 crore and declared a dividend of Rs 210 per share. A Rs 4,932 crore share buyback was also completed earlier in the year. Bajaj Auto's shares closed at Rs 8873.30 a piece, up 0.28% on the BSE.

Bajaj Auto Q4 PAT rises 6% YoY
Bajaj Auto Q4 PAT rises 6% YoY

Business Standard

time2 days ago

  • Automotive
  • Business Standard

Bajaj Auto Q4 PAT rises 6% YoY

Bajaj Auto's standalone net profit rose 6% to Rs 2,049 crore, while revenue from operations increased 6% to Rs 12,148 crore in Q4 March 2025 over Q4 March 2024. The top-line growth was driven by strong double-digit gains in premium motorcycles, electric scooters, and commercial vehicles. Exports also posted healthy volume-led growth. However, the overall revenue fell short of double-digit expansion due to a temporary suspension of KTM exports. The companys premium segment under KTM and Triumph continues to gain domestic traction. Triumph sales doubled, reaching a new high of approximately 12,000 units. Bajaj is now focusing on Tier 2 and Tier 3 cities with targeted activations to widen reach and tap into new demand pockets. Profit before tax (PBT) stood at Rs 2,703 crore in Q4 FY25, up 6% year-on-year, but down 3% quarter-on-quarter. EBITDA came in at Rs 2,451 crore, up 6% YoY, but down 5% sequentially. EBITDA margin held steady at 20.2%, unchanged from Q3 FY25 and slightly higher than 20.1% in Q4 FY24. This marked the sixth consecutive quarter of EBITDA margins above 20%. Margin strength was aided by better gross margins, thanks to favorable forex movements and cost reductions on the new Chetak EV platform, which offset operating deleverage and increased discretionary spending on branding and manufacturing tools. On a sequential basis, net profit fell 3% and net sales declined 5% compared to Q3 FY25. For the full fiscal year FY25, Bajaj Auto posted a 12% increase in revenue to Rs 51,431 crore, while net profit rose 9% to Rs 8,151 crore. EBITDA rose 14% to Rs 10,101 crore, and PBT grew 13% to Rs 11,052 crore. EBITDA margin for the year improved to 20.2%, up from 19.7% in FY24. The company's standalone net cash from operating activities stood at Rs 7266.73 crore in FY25, as against Rs 7478.27 crore in FY24. Bajaj Autos domestic sales volume declined 7% year-on-year to 6,13,248 units in Q4 FY25, compared to 6,57,330 units in the same quarter last year. On a sequential basis, volumes were down 13% from 7,07,105 units in Q3 FY25. Known for its popular Pulsar brand, the company sold 5,01,096 two-wheelers and 1,12,152 commercial vehicles during the quarter. On the exports front, Bajaj Auto saw strong momentum, shipping 4,89,686 units in Q4 FY25, up 19% from 4,11,246 units in the year-ago period. The board recommended a dividend of Rs 210 per share for the financial year ended 31 March 2025. Following the result, shares of Bajaj Auto fell 2.24% to Rs 8674.40.

Bajaj Auto to infuse 60% of its FY26 capex into EV biz
Bajaj Auto to infuse 60% of its FY26 capex into EV biz

Time of India

time2 days ago

  • Automotive
  • Time of India

Bajaj Auto to infuse 60% of its FY26 capex into EV biz

Buoyed by the good show demonstrated by its electric vehicles (EVs), Bajaj Auto is set to infuse more than half of its planned capex for FY26 into its EV business. The two-and three wheeler manufacturer achieved ₹5,500 crore revenue from the EV segment-- with EV sales accounting for 20 per cent of its total revenue in FY25. According to the company, this growth was fueled by electric three-wheelers , particularly the GoGo-branded electric auto. 'We would spend about ₹700 crore in the course of the current financial year (FY26), and 60 per cent of that would be towards EV capex,' said Dheeraj Thapar, CFO, Bajaj Auto, during the Q4FY25 post earnings call. The automaker aims to use its capex for EV research and development (R&D) and product launches. According to the executive, its EV business unit has become profit-making now, reversing the trend of losses seen earlier. 'A marginal profit this year is only because of the scale-up of a profitable electric three-wheeler business, which in many ways has also helped (offset) the dilution that comes in from Chetak (e2W),' he added. The company has been operating in the electric three-wheeler space for the last two years and it has improved market leadership positions over the last 15 to 18 months. 'Electric three-wheelers and commercial vehicles have continued to grow well, and it's driven double-digit growth in that part of the business,' he noted. The company also claimed that it has the 'largest ever revenue of any company in electric two- and three-wheelers'. Bajaj Auto's motorcycle demand revival strategy. However, the Pune-based company reported a subdued demand in the motorcycles segment, particularly in the latter half of FY25. To revive this muted demand, the company intends to make its 125cc+ segment more attractive which it considers strategically important. The automaker is also pushing for more product upgrades and interventions to refresh its current offerings and bring freshness in the market. Besides that, the company also plans to set in motion on-ground marketing and activation to drive local awareness, specially for its Pulsar portfolio to drive demand, while also focusing on execution, enhancing value and expanding distribution for its motorcycles. A look out for KTM's exports Recently, the company has also announced its intent to acquire a controlling stake-- with a committed investment of ₹7,765 crore-- in Austrian motorcycle manufacturer KTM through its subsidiary Bajaj Auto International Holdings (BAIHBV). The homegrown brand is eyeing continuous growth in its premium motorcycles lineup--KTM and Triumph, which together touched approximately 1 lakh units in the recently closed fiscal year. The company is also eyeing a revival of KTM exports after a temporary hold which would aid volumes and profitability.

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