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Modi Rubber announces strong Q4 results
Modi Rubber Ltd., a leading manufacturer of rubber products, has announced strong financial results for the fourth quarter of fiscal 2022-23. The company reported a 15% increase in revenue year-over-year, driven by strong demand across all product segments.
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Modi Rubber signs MOU with global tire manufacturer
Modi Rubber Ltd. has signed a Memorandum of Understanding (MOU) with a leading global tire manufacturer to explore a strategic partnership. The MOU covers areas such as joint product development, technology sharing, and market expansion.
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Modi Rubber launches new range of industrial hoses
Modi Rubber Ltd. has launched a new range of industrial hoses designed to meet the demanding requirements of various industries. The new hoses offer superior performance, durability, and flexibility.
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Modi Rubber's Profit Jumps 10% Due to Strong Sales in Q2
Modi Rubber Limited reported a 10% rise in net profit in the second quarter (Q2) of the fiscal year 2023. The growth was primarily attributed to robust sales across all product segments.
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Modi Rubber to Invest Rs 1,000 Crore in New Plant
Modi Rubber Limited has announced its plans to invest Rs 1,000 crore in setting up a new manufacturing plant in Chennai, Tamil Nadu. The plant is expected to commence operations in 2025 and will cater to the growing demand for tires in the Indian automotive industry.
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Modi Rubber Launches New Range of Tires for Electric Vehicles
Modi Rubber Limited has expanded its product portfolio with the launch of a new range of tires specifically designed for electric vehicles. The tires feature low rolling resistance to improve energy efficiency and enhance the driving range of EVs.