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Revenue of auto ancillary firms grew at 11% CAGR during 2016-26: Report
Auto ancillary companies saw revenue grow at 11 percent annually from FY16 to FY26. Exports and increased vehicle content fueled this expansion. The sector enters FY27 with its strongest balance sheet in a decade. Companies are expected to achieve a 21 percent profit after tax CAGR from FY26 to FY28. Body and glass segments show strong potential.
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economictimes.indiatimes.com
Revenue of auto ancillary firms grew at 11% CAGR during 2016-26: Report
Auto ancillary companies saw revenue grow at 11 percent annually from FY16 to FY26. Exports and increased vehicle content fueled this expansion. The sector enters FY27 with its…
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thehindubusinessline.com
Revenue of auto ancillary firms nearly triple in a decade: Report
The revenue of listed auto ancillary companies grew at a compound annual growth rate (CAGR) of 11 per cent during FY16-26, according to a report by Equirus Securities.