Pavna Industries Limited has announced its financial results for the second quarter and first half of FY2024-25. The automotive components supplier has reported an operational revenue of INR 795 million in Q2 FY2024-25 as compared to INR 683 million in FY2023024, marking a year-on-year rise of 16.29 percent. The company has recorded an EBIDTA of INR 99.7 million for the same period as compared to INR 69.5 million in the corresponding quarter in the fiscal prior, marking a year-on-year rise of 43.53 percent. 
The EBIDTA margin registered by the company during the second quarter of FY2024-25 was 12.54 percent as compared to the EBIDTA margin of 10.16 percent during corresponding period in FY2023-24. The Profit After Tax (PAT) recorded during the second quarter of FY2024-25 was INR 33.7 million as compared to INR 19.1 million in Q2 of FY2023-24, marking an increase of 76.43 percent. 

H1 FY2024-25 results
Pavna Industries Limited reported an operational revenue of INR 76.9 million for the first half of the 2024-25 financial year, marking a quarter-on-quarter growth of 3.33 percent. The EBDITA was INR 78.9 million with a quarter-on-quarter growth of 26.34 percent. The PAT for H1 FY2024-25 was INR 22.5 million with a quarter-on-quarter increase of 49.77 percent. 
Commenting on the performance, Swapnil Jain, Managing Director, Pavna Industries Ltd, mentioned, "We are pleased to announce a robust performance for Q2FY25, which is a result of our expert strategic initiatives, strong market positioning, and operational resilience. As India cements its position as a global hub for auto component sourcing, Pavna Industries is well-positioned to contribute to and benefit from this momentum. We are especially encouraged by the government's ambitious targets for the electric vehicle market, with anticipated exponential growth targets set to make India the largest EV market by 2030. Our recent initiatives, including securing a land parcel in Pantnagar for a new greenfield plant and our recent fundraise, are aligned with our long-term vision of supporting India’s EV and automotive expansion. These developments, combined with our diversified and innovative product portfolio and proximity to key auto clusters, enable us to respond swiftly to the needs of our valued OEM clients. I am confident that Pavna Industries will continue to drive growth and deliver value for our stakeholders, as we advance our commitment to quality, innovation, and customer-centricity."

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SMK Helmets is marking its international expansion at EICMA 2026, supported by distribution operations across more than 70 countries alongside dedicated regional headquarters in Europe and the United States.

The company highlighted its European division, SMK Europe, established in Reggio Emilia, Italy, in May 2026 under the leadership of Chief Executive Officer Matteo Schieppati, alongside its North American arm, Bikerz US, based in Fort Wayne, Indiana.

At the event, SMK unveiled two racing helmets, the Stratos and the Allterra Carbon, alongside Konnect, its first in-house Bluetooth communication system and Cygnus, its first flip-back helmet model.

Matteo Schieppati, CEO, SMK Helmets Europe, said, "The establishment of SMK HELMETS EUROPE is a significant move to strengthen our global presence. This strategic expansion is designed to provide dedicated commercial and logistical support to dealers and distributors across Europe, while establishing a permanent footprint in the region to optimise product and communication strategies. The new European division will serve as a hub for accelerating regional growth, ensuring streamlined supply chain operations, and delivering enhanced customer service to the company's growing network of partners. Europe is a highly demanding market with a deep appreciation for premium quality and uncompromised safety standards. This footprint allows us to align our product innovation and marketing strategies directly with the expectations of European consumers. With this expansion, SMK reinforces its commitment to global excellence, bringing its innovative helmet technology and manufacturing expertise closer to one of the world's most dynamic motorcycling communities."

Shilpa Arora, Global Head of Sales, SMK Helmets, said, "SMK is gaining market share in every market in which it operates, and riders are starting to link our name with safety, excellence and distinctive design. That doesn't happen alone. Our distributors, dealers, riders and teams are one SMK family, and with our own presence in Europe and the US, we are closer to that family than ever. What we're showing at EICMA is just the beginning."

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BorgWarner has secured multiple business awards for eMotor in China covering range-extended vehicle, battery-electric vehicle and hybrid vehicle platforms. Production for the awarded programs is scheduled to begin between 2027 and 2028.

The projects include an agreement with a joint venture of a global original equipment manufacturer to supply high-voltage hairpin P1 eMotor stator and rotor assemblies delivering 115kW peak power for a range-extended vehicle platform. The company will also provide high-voltage hairpin main drive eMotor stator and rotor assemblies for a Chinese electric vehicle manufacturer's SUV platforms operating on a 715V architecture, delivering 300kW peak power and 495Nm peak torque. Additionally, BorgWarner will supply stator and rotor assemblies utilising its S-winding technology for a 130kW P2 eMotor integrated into hybrid propulsion systems for global markets.

Isabelle McKenzie, Vice-President of BorgWarner Inc and President and General Manager of PowerDrive Systems, said, "We are pleased to establish and expand our eMotor business with customers across China. The breadth of these programs demonstrates our ability to address diverse application requirements through strong product performance, cost optimisation and localised manufacturing. With our established engineering and production footprint in China, we are well positioned to support customers as they develop their next generation of electrified vehicles."

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Belrise Industries (formerly Badva Engineering) has signed a License and Technical Assistance Agreement with Japan-based Yamato Co, to manufacture and supply filtration and air intake solutions in India.

The partnership grants Belrise access to technical expertise for the design, development, testing and production of air filters, oil filters and resin air intake manifolds targeted at automotive and industrial original equipment manufacturers.

The arrangement combines Yamato's filtration technologies and material know-how in converting intake manifolds from metal to resin with Belrise's manufacturing operations and OEM relationships. The initiative aims to support localisation and develop a domestic supply ecosystem for advanced automotive and industrial components in India.

Sumedh Badve, President of Strategy at Belrise Industries, said, "At Belrise, we are focused on expanding our engineering capabilities, embracing advanced technologies and delivering greater value to our customers. Our collaboration with Yamato reflects this approach, combining specialised technical know-how with our established manufacturing strengths to broaden our product portfolio and support the localisation of advanced solutions. This partnership will further strengthen our ability to serve automotive and industrial OEMs while advancing our commitment to world-class manufacturing, continuous innovation and sustainable growth."

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Gulf Oil Lubricants India, part of the Hinduja Group, has initiated celebrations marking 125 years of its global brand and announced plans to increase its manufacturing capacity by 70 percent.

The company has announced its ambition to increase production output to 240 million litres by March 2027. Furthermore, the Hinduja Group company is expanding its operations beyond lubricants into electric vehicle infrastructure, software, data-centre cooling and fluid engineering.

Operating across 100 countries, the Indian unit currently functions alongside 50 original equipment manufacturers and utilises an R&D facility located in Chennai. As part of its anniversary program, the company unveiled a campaign film featuring cricketer MS Dhoni and announced an initiative launched by cricketer Smriti Mandhana aimed at training 125,000 women for roles in the mobility sector, including driving and vehicle maintenance.

Sanjay Hinduja, Chairman, Gulf Oil International, said, "Gulf’s 125-year legacy is a story of evolution, built on the strength of its values and the trust it has earned across generations. Across the more than 100 countries we operate in, India has been one of our fastest growing and most consistent markets for over 15 years. It holds significant opportunity to accelerate growth, by strengthening our leadership in lubricants while building new avenues in value-added services, e-mobility and other allied areas on the strategic fit. We intend to lead this journey with superior and cleaner technologies, bold innovation and a workforce built for tomorrow. India’s growth story will be an important part of Gulf’s next phase."

Ravi Chawla, Managing Director and Chief Executive Officer, Gulf Oil Lubricants India, said, "Our 125th anniversary is a testament to our commitment, bold decisions, relentless innovation and enduring partnerships. As we celebrate this milestone, we are also defining where we want to go next. While looking ahead to an evolving future, these partnerships will matter more than ever. ‘Born to be Behad’ reflects who we have always been, a brand that goes beyond the limits set for it. Going forward, our brand platform, ‘Kuch Behad Kar’, will carry that spirit into everything we do."

Aarthy Sridhar, Chief Marketing Officer, Gulf Oil Lubricants India, said, "Smriti has shown what happens when the field opens for women in cricket, the talent was always there; it just needed the space. Now it is time for mobility, where women continue to be under-represented. With Generation Behad, we want to create that space, helping women train for and step into roles from behind the wheel to under the bonnet."

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