Indus Motor Declares Profit in The First Half of 2021
Indus Motor Declares Rs 4.8 Billion Profit After Tax for First Half FY20-21
The Board of Directors of Indus Motor Company (IMC) released its financial results for the half-year ended December 31, 2020.
IMC’s combined sales of Completely Knocked Down (CKD) and Completely Built-up Units (CBU) units increased by 82% to 26,362 units against 14,453 units sold in the same period last year. The Company produced 26,383 vehicles, registering an 81 % increase, as compared to 14,555 units produced in the same period last year. IMC’s market share in the overall market stood at approximately 24.7% for the half year ended December 31, 2020.
»Tesla Enters India: Why the Model 3 Could be Their First Car Launch and How Much Will it Cost?
1-MIN READ
Tesla Enters India: Why the Model 3 Could be Their First Car Launch and How Much Will it Cost?
Tesla Model 3. (Photo: Manav Sinha/News18.com)
Tesla is set to begin its India innings with its office being registered in Bengaluru. But here s why the Tesla Model 3 could be their first launch in our market.
FOLLOW US ON:
Tesla is all set to start its operations in India and for the same, the American giant and the most valuable auto company in the world recently registered its office in Bengaluru.