Auto retailers are gaining momentum as the GST hike increases local demand

Vehicle registrations, a measure of retail sales, rose 7.7% to 28.16 million units last calendar year as a reduction in vehicle prices following tax cuts helped revive consumer demand.Auto sales had remained largely subdued in the first three quarters of 2025 due to global economic uncertainties and weakening demand following the pandemic. However, the government’s […]

Hero MotoCorp beats Street estimates, reports 16% rise in second quarter net profit at Rs 1,393 crore

The country’s largest two-wheeler maker Hero MotoCorp on Thursday beat Street estimates and reported a 16% rise in net profit at Rs 1,393 crore for the quarter ended September on healthy sales volumes amid GST cuts.The company had reported a net profit of Rs 1,204 crore in the year-ago quarter. Revenue from operations rose 16% […]