MANUFACTURING
Tyre Makers Face Temporary Margin Squeeze As Raw Material Costs Rise
India’s tyre manufacturers are likely to see their operating margins moderate this fiscal as a sharp rise in raw material costs outpaces staggered price increases, according to Crisil Ratings. Operating margins for the industry stood at 14.2% last fiscal and are expected to decline by around 200-250 basis points this fiscal, as key input costs […]
CW Bureau
·
Aug 25, 2026
AUTO
Eurogrip Tyres Strengthens North India Presence With Panipat Outlet
Eurogrip Tyres, the leading two- and three-wheeler tyre brand from TVS Srichakra Ltd, has expanded its retail network with the opening of a new exclusive store in Panipat, Haryana. The outlet is the company’s 16th signature store in India and is aimed at strengthening its retail footprint while offering customers a comprehensive tyre and two-wheeler […]
CW Bureau
·
Jun 23, 2026
AUTO
MRF Q4 Profit Rises 38%; Crosses Rs 30,000-Cr Sales Milestone In FY26
MRF reported a strong performance for the March quarter of FY26, with consolidated net profit rising 37.6% year-on-year to ₹702 crore compared with ₹510 crore in the corresponding period last year. The tyre major’s consolidated total income for the quarter stood at ₹8,183 crore as against ₹7,190 crore a year ago, registering a growth of […]
CW Bureau
·
May 7, 2026