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Mahindra’s 1,000-Acre Nagpur Plant To Anchor SUV, Tractor Expansion
February 11, 2026
The company is building a 1,000-acre greenfield complex in Nagpur to unlock SUV and tractor capacity as demand across segments begins to outpace supply at its existing plants. The facility will anchor a phased expansion plan even as the company revises tr
Gaurav Nandi
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GST Rationalisation, Customer Sentiment Power Ashok Leyland’s Record Performance In Q3 FY2026
February 11, 2026
Net profit at INR 7.96 billion, grew by 4 percent YoY, which also includes a one-time charge of INR 3.08 billion towards the new labour code.
MT Bureau
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Odysse Electric Appoints Sudhir Goel As Co-Founder
February 11, 2026
Goel joins the company with almost three decades of experience in the automotive and engineering industries. His previous roles include leadership positions at Ford Motor Company in Japan, CEO of Jay Ace Technologies and President of Lithium Batteries at
MT Bureau
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Mahindra Reports Consolidated PAT Of INR 46.75 Billion For Q3 FY2026
February 11, 2026
The automotive division recorded quarterly volumes of 302,000 units, up 23 percent YoY. SUV revenue market share rose by 90 bps to 24.1 percent. The automotive business reported consolidated revenue of INR 303 billion, up 30 percent YoY, while PAT stood a
MT Bureau
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Aimtron Electronics Secures Initial European Order For Box-Build Solutions
February 11, 2026
The order marks the company's entry into the European market, serving automotive and industrial sectors. Aimtron anticipates that revenues from this engagement could scale to four times the current size during the 2027 financial year.
MT Bureau
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Gulf Oil India Reports INR 761 Million Net Profit For Q3 FY2026
February 11, 2026
The profitability was impacted to estimated obligations of INR 226.4 million for standalone and INR 227.8 million for consolidated financials due to new labour codes effective from 21 November 2025.
MT Bureau
