SpiceJet is also expected to report drop in Q4 revenues and net profit. ICICI Securities said in a note last month that net profit will fall 60.2 percent to Rs 72 crore and net sales to Rs 1,678 crore, on a sequential basis. For the third quarter, the Ajay Singh-owned budget carrier had reported 24 percent YoY fall in net profit to Rs 181 crore.
Gabriel India Limited is the flagship company of ANAND, and a leading name in the Indian auto component industry . Established in 1961, the company provides the widest range of ride control products in India, including shock absorbers, struts, and front forks, across every automotive segment with over 300 product models offered. Market Leaders for more than 55 Years The history of Gabriel India dates back to 1961, when Mr. Deep C Anand, as a young entrepreneur, launched his very first business venture - Gabriel India, in collaboration with Maremont Corporation (now Gabriel Ride Control Products of ArvinMeritor Inc., USA), for the manufacturing of shock absorbers at Mulund, Mumbai. Today, the Gabriel brand is synonymous with shock absorbers in India, with a significant presence across all automotive customer segments, including original equipment manufacturers (OEM’s), replacement, and exports. Over the last 55 years, Gabriel India has established itself as a provider of...