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Hindustan Times
11 hours ago
- Automotive
- Hindustan Times
Lumax Auto Q1 FY26 revenue rises 20% on strong performance across segments
Lumax Auto Technologies Limited has posted a consolidated revenue of ₹1,026 crore for the quarter ended June 30, 2025, reflecting a 36 per cent year-on-year (YoY) increase from ₹756 crore in the same period last year. The company's profit after tax before minority interest rose 30 per cent to ₹54 crore compared to ₹42 crore in Q1 FY25. Passenger vehicles continued to dominate Lumax Auto's revenue mix in Q1 FY26, accounting for 55 per cent compared to 53 per cent last year. EBITDA was ₹136 crore, a YoY increase of 29 per cent, although margins fell marginally to 13.2 per cent from 14 per cent in Q1 FY25. The reason behind this, the company said, was price corrections received from customers after the end of the quarter, and the benefit is likely to be seen in Q2 performance. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers Segment and business mix Passenger vehicles continued to dominate Lumax Auto's revenue mix in Q1 FY26, accounting for 55 per cent compared to 53 per cent last year. Two- and three-wheeler contributions fell to 21 per cent from 26 per cent, while the commercial vehicle segment improved to 11 per cent from 7 per cent. Also Read : Lumax group sets aside ₹250 cr for capex By business mix, advanced plastics was the biggest category at 51 per cent of revenue, followed by structures and control systems at 18 per cent. The alternate fuels segment was 9 per cent of revenue in Q1 FY26, the first time it has featured in the mix. Operational and strategic developments The company's OEM business grew 5 per cent YoY, while the aftermarket segment rose 16 per cent. Subsidiaries excluding recently acquired Greenfuel reported 36 per cent growth, which rose to 59 per cent when Greenfuel's performance was included. During the quarter, Lumax Auto completed the acquisition of the remaining 25 per cent stake in IAC International Automotive India. The company also set up two new wholly owned subsidiaries—Lumax Autocomp Private Limited and Lumax Auto Solutions Private Limited—to explore emerging opportunities in the automotive sector. The board also approved the establishment of a branch office in China and a new technology centre—SHIFT (Smart Hub for Innovation and Future Trends)—in Bengaluru. New launches and recognitions In Q1 FY26, Lumax Auto introduced products for several OEMs, including a shark fin antenna for Mahindra's Scorpio N, feeder assemblies for Honda City export models, and accessory parts for models from Mahindra and Toyota. Management anticipates EBITDA margins to be in the 14–15 per cent range for the half-year of FY26, driven by recovery on price adjustments and seamless integration of the recent acquisitions. With expansion in EV interiors, alternative fuels, and new technology centers, Lumax Auto is to carry forward growth momentum in segments. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:


Hindustan Times
3 days ago
- Automotive
- Hindustan Times
Uno Minda sees 18 per cent revenue growth in Q1 FY26, driven by sensors and ADAS
Gurugram-based auto component maker Uno Minda has reported an 18 per cent year-on-year revenue growth in the first quarter of FY26, driven by demand across core and emerging product categories. Uno Minda's consolidated revenue for the quarter ended June 30, 2025, stood at ₹ 4,489 crore, an 18 per cent increase over ₹ 3,818 crore in Q1 FY25. The results, however, include ₹ 69 crore as incentive income from a prior period. Uno Minda's consolidated revenue for the quarter ended June 30, 2025, stood at ₹4,489 crore, an 18 per cent increase over ₹3,818 crore in Q1 FY25. The results, however, include ₹69 crore as incentive income from a prior period. Excluding this one-time item, the company's underlying growth still reflects continued demand across switches, lighting, seating systems, and alloy wheels. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers EBITDA (earnings before interest, tax, depreciation, and amortisation) rose 33 per cent year-on-year to ₹543 crore, with the EBITDA margin expanding to 12.1 per cent from 10.7 per cent a year ago. Adjusted for the incentive income, normalised EBITDA stood at ₹474 crore, maintaining a margin of 10.7 per cent. Profitability strengthens, backed by diversified portfolio Profit after tax attributable to shareholders was reported at ₹291 crore for Q1 FY26, up 46 per cent from ₹198 crore in the same period last year. On a normalised basis, excluding prior-period income, PAT came in at ₹239 crore, reflecting a 21 per cent increase year-on-year. Also Read : This electric bike packs cutting-edge safety tech at a low cost. But it will not launch. Here's why The company attributed this performance to strong traction across both legacy segments and newer areas such as advanced driver assistance systems (ADAS), sensors, and controllers. These new categories are becoming an increasingly significant component of Uno Minda's future product portfolio, as the auto sector shifts towards electrification and digitalisation. Strategic investments in EV and electronics Uno Minda's guidance suggested that its recent investments in EV parts and high-tech electronics are finally paying off. 'Our strategic focus on future-ready technologies is enabling us to stay ahead of the curve as the industry transforms," said Sunil Bohra, CFO of Uno Minda. The company continues to focus on localisation, disciplined capital allocation, and maintaining margin stability as it scales its presence in both domestic and global markets. Uno Minda has 76 manufacturing units and 37 R&D centers globally, complementing its alliances with various international partners in Japan, Germany, Korea, and China. Also Read : Uno Minda launches LED Blinkers for Royal Enfield motorcycles, priced at ₹1,137 Gradual shift toward next-gen mobility solutions Looking at the trends in the industry, Ravi Mehra, Managing Director, Uno Minda, observed that the shift toward premiumisation, safety, and EV is changing the automotive landscape. Uno Minda wants to grow its footprint in this changing environment by continuing to invest in innovation, capacity, and customer development. While near-term macroeconomic headwinds are an issue, the diversified nature of the company and early investment into next-gen technologies buffer it against cyclicality and well position it for long term growth. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:


Hindustan Times
5 days ago
- Automotive
- Hindustan Times
Narrative not based on real facts, says govt on Ethanol blending disadvantages reports
The Indian government on Monday said that 20 per cent ethanol-blended petrol does not have any negative impact on older vehicles. The government has assured that E20 petrol, which comprises 20 per cent ethanol blending, poses no significant damage to older vehicles. The Ministry of Petroleum & Natural Gas (MoPNG), in a social media post, has dismissed concerns regarding the E20 petrol's negative impact on older vehicles as unfounded. India has transitioned to the use of E20 petrol, which comes with 20 per cent ethanol in 2025, five years ahead of the original deadline of 2030. The ministry has stated that studies indicate no major performance or wear-and-tear in older vehicles with the 20 per cent ethanol blended petrol use. However, it said that a significant mileage decrease may occur, which can be minimised with engine tuning. The ministry also claimed that the transition to E20 is a phased, well-communicated approach, benefiting the environment and economy. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers E20 petrol: What is it? India has adopted E20 petrol across the country, which is petrol with 20 per cent ethanol blending. With the ehtnaol blending, the pollutant properties of petrol are reduced. Ethanol is considered a biofuel and emits fewer pollutants compared to petrol or diesel. Using ethanol-blended petrol reduces the vehicle's tailpipe emissions compared to what it emits using pure non-blended petrol. E20 petrol: Key concerns While the E20 is a relatively new fuel technology in the Indian market, a large number of vehicles that were launched before this transition come powered by powertrains that are not E20-compliant. There are concerns that using E20 petrol in such vehicles may damage those vehicles' engines. However, with the latest statement, the Indian government has tried to alleviate the fear of the motorists. Fuel efficiency: One of the key concerns is that E20 results in a significant drop in fuel efficiency of older vehicles. MoPNG has stated that ethanol is a lower energy density fuel than petrol, which results in a marginal decrease in fuel efficiency, estimated at one or two per cent for four-wheelers designed for E10 and calibrated for E20, and around three to six per cent in others. However, it doesn't lead to a drastic drop in fuel efficiency. The ministry claims that this marginal drop in fuel efficiency can be further minimised through improved engine tuning and the use of E20-compatible materials. Material corrosion: Many believe that E20 results in material corrosion for the older engines. However, MoPNG claims that safety standards for E20, including corrosion inhibitors and compatible fuel system materials, are well established through BIS specifications and automotive industry standards. It also stated that replacement of some rubber parts or gaskets could be advised in certain older vehicles after prolonged use of around 20,000 to 30,000 kilometres. These replacements are inexpensive and easily done during regular servicing of the vehicle, claimed MoPNG. 📑Some articles/ reports in the media have raised concerns about the potential negative impact of 20% ethanol blending (E20) in petrol, particularly with regard to older vehicles and customer experience. These concerns, however, are largely unfounded and not supported by… — Ministry of Petroleum and Natural Gas #MoPNG (@PetroleumMin) August 4, 2025 Using E20 in older vehicles: What MoPNG says? The Ministry of Petroleum & Natural Gas (MoPNG) has said in its social media post that international studies on the effect of using ethanol-blended petrol on the mechanical, energy and environmental performance of vehicles through testing of carburated and fuel-injected vehicles every 10,000 kilometres during their first 100,000 kilomteres showed statistically no significant differences in power and torque generated and fuel consumption. 'Material compatibility and drivability tests by Automotive Research Association of India (ARAI), Indian Institute of Petroleum (IIP) and Indian Oil Corporation (R&D) have confirmed that legacy vehicles also showed no significant variations, performance issues or abnormal wear-and-tear when operated with E20. Moreover, E20 fuel passed hot and cold startability tests without any engine damage," the post added. The MoPNG also stated that E20 blending significantly strengthens India's energy security by reducing dependence on crude oil imports. It claimed that since 2014-15, India has already saved more than ₹1.40 lakh crore in foreign exchange through petrol substitution. 'E20 blending has helped India reduce carbon dioxide emissions by 700 lakh tonnes, contributing to climate change goals," it further claimed. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:


Hindustan Times
03-08-2025
- Automotive
- Hindustan Times
Dylect Sense 4K Max two-channel dashcam review: Should you buy this?
Dashcams have become necessary automotive accessories owing to the increasing road incidents and safety concerns. In the dynamic landscape of Indian roads, characterised by its vibrant chaos and unpredictability, dashcams have transitioned from a novelty gadget to a necessary ally for every car owner. For example, the footage and photographs captured by dashcams become highly useful in getting insurance coverage in case of accidents, challenging false traffic challans, etc. After launching useful automotive accessories such as pressure washers, vacuum cleaners, and tyre inflators, Dylect has entered the rapidly growing market of dashcams in India. The company has launched a series of dashcams in the Indian market, with prices starting at ₹3,499, targeting users across various segments, including individual car owners as well as fleet operators. Available in three variants - single, dual and three-channel models, the Dylect dashcams aim to grab a sizeable share of the market pie that has been bulging at a fast rate with the increased focus on road safety. Also check these Cars Find more Cars UPCOMING VinFast VF e34 41.9 kWh 41.9 kWh 318 km 318 km ₹ 25 - 30 Lakhs Alert Me When Launched UPCOMING Hyundai Stargazer 1493 cc 1493 cc Multiple Multiple ₹ 10 Lakhs Alert Me When Launched Tata Altroz Racer 1199 cc 1199 cc Petrol Petrol ₹ 9.49 Lakhs Compare View Offers UPCOMING MG Baojun 510 1998 cc 1998 cc Diesel Diesel ₹ 11 Lakhs Alert Me When Launched Lamborghini Huracan Evo Spyder 5204 cc 5204 cc Petrol Petrol ₹ 3.54 Cr Compare View Offers Lamborghini Huracan STO 5204 cc 5204 cc Petrol Petrol ₹ 4.99 Cr Compare View Offers We got the Dylect Sense 4K Max two-channel dashcam and reviewed it extensively. Here is what we found during our review of the device. Dylect Sense 4K Max two-channel dashcam: Design and installation The Dylect Sense 4K Max two-channel dashcam comes with a chunky design. The front camera comes with a sturdy build, while the rear unit is compact and nothing unusual looking. Both the front and rear units are easy to install and can be done by the user only. The device comes with a generous length of wire that makes the installation process easy. The rear unit draws power from the main front device, and power to the latter is channelled from the 5V USB adapter that comes in the box with the dashcam. Also, it gets four electrostatic films, two adhesive stickers, wire clips, cable ties, etc., which make the installation process easier. The Dylect dashcam comes with 1 TB micro SD card support. The dashcam gets a 2.4-inch display that shows real-time footage being captured by the front and rear cameras. However, the display quality shown on the screen is not very satisfactory, but it can be useful. The front camera unit gets the charging port, a built-in mic, etc. Dylect claims the dashcam comes with a supercapacitor, which allows it to remain operational even in extreme temperatures, ranging between -10 degrees and 60 degrees Celsius. The user interface of the application looks simple and comes with a bifurcated view. Dylect Sense 4K Max two-channel dashcam: App UI and usability The dashcome comes paired with a dedicated Dylect application, which is available on both Android and iOS platforms. We used the iOS version of the application and tested it extensively. The user interface of the application looks simple and comes with a bifurcated view. The upper half shows the live footage captured by the cameras, and the lower half shows the GPS location on a map. The upper half also shows various information, such as date, time, speed, and location, embedded in the footage. Also, the upper half of the application interface shows the feed from the front camera with the rear camera feed in an inset. The application has the option of playback of the footage, image capturing, etc. It captures the surround sound as well, which makes it a more useful evident as and when required. We have not tested the parking mode of the dashcam, but it can be activated by installing a special kit, which needs to be purchased separately. While testing the dashcam and its application's performance in different conditions, we found that the sound quality captured by the dashcam and the image quality captured by it were fine. Reading the number plates from the captured feed was also easy. However, using the application itself is a bit tricky. While it has built-in WiFi like various other dashcams, connecting to that is a hassle. While other dashcams automatically turn on the built-in WiFi network and connecting to that is easy, the Dylect dashcam's WiFi needs to be turned on manually from the device itself, which is a bit time-consuming affair, and not at all a convenient feature, especially if you are in a hurry. Also, if the recording is not stopped from the application, you cannot playback the captured feed, even if it is a day or more old. This is another thumbs-down point for the Dylect dashcam if we compare this with other dashcams in the market. For any dashcam manufacturer in the market, low-light visibility is one of the important factors. In this case, the low-light footage quality is just okay. Dylect Sense 4K Max two-channel dashcam: Verdict At a cost of ₹11,999, the Dylect Sense 4K Max two-channel dashcam is an upmarket, effective and useful device for any car owner who wants to enhance the safety quotient of the vehicle. If we compare it with some of the popular dashcams in the market available with similar features and specifications, the pricing seems competitive. Also, at this price, the performance of the dashcam is good. However, when it comes to the user experience, Dylect needs to improve the product further, as with the abovementioned issues, it may seem a half-baked device to many users. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:


Hindustan Times
03-08-2025
- Automotive
- Hindustan Times
CEAT launches Rockrad radial tyre for mining with better traction and longer life
CEAT has launched its first radial tyre specifically developed for mining and rough terrain use. Named Rockrad, the new product represents CEAT's formal entry into the highly demanding off-road segment, traditionally dominated by bias-ply tyres. CEAT asserts that the Rockrad tyre has been stringently tested in actual conditions, including Odisha's Barbil mining areas and Indonesia's heavy terrain regions. The company asserts that the Rockrad tyre has been stringently tested in actual conditions, including Odisha's Barbil mining areas and Indonesia's heavy terrain regions. The tyre is engineered to meet heavy-duty load-hauling operations and is said to deliver superior mileage, improved traction, and increased durability—critical demands in industries like mining and heavy construction. Also Read : CEAT CrossDrive all-terrain tyre range launched for SUVs in India Its launch is timed when the mining sector is slowly adopting radial tyres, which have higher life and improved heat tolerance. CEAT's initiative is poised to hasten the changeover in India, where bias tyres are still prevalent in mining fleets. Designed for performance and durability At the core of Rockrad's performance lies its S-Type tread pattern, which is designed to enhance grip and even pressure distribution on uneven surfaces. Its sidewall compound has also been newly improved to balance its cut resistance with its flexibility—two critical characteristics of tyres driving under intense stress. As per CEAT's internal evaluations posted by CEAT, Rockrad has around 7 per cent better bead life compared to similar products available in the market. It further has better heat dissipation as well as superior structure strength, which can minimize the possibility of downtime in harsh conditions. Also Read : Ceat launches EV tyres specially designed for electric buses Market rollout Rockrad will initially be available in the 11.00R20 size and will be distributed across India's major mining belts, including Odisha, Jharkhand, Chhattisgarh, Rajasthan, Gujarat, Karnataka, and Tamil Nadu. With this launch, CEAT is not only expanding its Truck and Bus Radial (TBR) portfolio but also signalling a stronger push into specialised applications. While the tyre supports extended service life, CEAT also underlines its intent to contribute to reduced material waste and promote sustainability within commercial vehicle operations. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: