Several decades ago, even before partition,
Late WN Talwar, along with his brothers, owned the dealership of Studebaker cars in Peshawar (now in Pakistan). Post-independence in 1947, they decided to shift base, and moved to India to begin their journey from scratch.
With experience in the automobile industry, Talwar decided to start an auto components business, and set up a gasket manufacturing company in 1956 in collaboration with
UK-based Coopers Payen. He founded
Talbros Automotives Components Ltd to cater to the automobile sector, and set up the first manufacturing unit in
Faridabad,
Haryana.
At that time, little did he know that over a period of six decades, Talbros would become one of the leading suppliers of automobile parts in India, raking in
Talbros Q3 net profit rises 144% at Rs 10.6 crore
Total Income from operations rose 35.6 per cent to Rs 132.1 crore in the third quarter of financial year 2020-21 as compared to Rs 97.4 crore revenue in October-December period of the previous fiscal year. PTI
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Auto component maker Talbros on Friday reported a whopping 144 per cent jump in consolidated net profit at Rs 10.6 crore for the quarter ended in December.
The company had posted a net profit of Rs 4.3 crore in the third quarter of the financial year 2019-20, Talbros Automotive Components Ltd (TACL) said in a release. Total Income from operations rose 35.6 per cent to Rs 132.1 crore in the third quarter of financial year 2020-21 as compared to Rs 97.4 crore revenue in October-December period of the previous fiscal year.
Talbros Automotive Components Limited s JV Wins multi-year order for supplies of BIW parts to a large European Car Manufacturer
Posted On: 2021-01-13 07:21:16 (Time Zone: Arizona, USA)
Marelli Talbros Chassis Systems Pvt. Ltd., the 50% JV company of Talbros Automotive Components Limited today announced that it has received multi-year order from a Large European Car Manufacturer. The Order is for supplying BIW (Body in White design) parts.
The order supplies will begin in Q1FY22 from the JV Company s plant in Pune, Maharashtra. The annual order value is estimated at Rs. 14.4 crores. The order value is estimated at approximately Rs. 92 crores over the life of the contract. No major investments will be required to fulfil this order as the JV Company has sufficient capacity.