BusinessPhoto: MintHero, TVS, Bajaj Report Record Profit Growth, Outperform Carmakers
In the September quarter, two-wheeler manufacturers Hero MotoCorp, TVS Motor, and Bajaj outperformed carmakers with record profit growth. Their strong performance was driven by exports, robust domestic demand, and resilient profit margins. In contrast, carmakers Maruti Suzuki and Hyundai Motor India experienced profit declines due to pressure on profitability.
Mint·


