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The component maker is on a turnaround journey and looks to strike collaborations for developing design capabilities, and for EV technologies. Both are crucial for the company’s financial improvement and sustainable growth.New Delhi: Last week, component maker Kinetic Engineering announced a net profit INR 1.7 crore for April – September 2023, which the company’s  MD […]

Kinetic Engineering reports a 485% growth in net profit in H1 FY 24 with growing revenues. Profit increases by 485% from ₹54 Lakh in H1 FY23 to ₹316 Lakh in H1 FY24. The company has commenced supply of various parts, including fully painted & CED coated frames, swing arms & main stands amongst others, for […]

The company says it has extended its supply programme for driveline products to American Axle for another 7 years. Pune-based component supplier Kinetic Engineering (KEL) has reported its financial results for Q2 and H1 FY2024. In Q2 the company reported revenue of Rs 3.7 crore, up 6 percent, compared to Rs 3.5 crore for the […]

Standalone EBITDA was at INR 9.61 crore for H1 FY24 as against INR 7.27 crore for H1 FY23, the company said.KEL also announced the launch of a new world-class manufacturing unit in Ahmednagar which will produce high-quality gears and shafts for its premium customer Mahindra & Mahindra.New Delhi: Kinetic Engineering Limited (KEL), a leading auto […]

Indian Angels OTT release: Jio Cinema starts streaming ‘angel investment’ show from November 3.Indian Angels will offer an opportunity to viewers to become investors alongside the panel of industry leader.Jio Cinema has released ‘Indian Angels’ which is touted as the world’s first angel investment show on an OTT platform.The first two episodes were released on […]

OTT platform JioCinema is set to release another investment show named ‘Indian Angels’. The show will increase competition into a space currently dominated nationwide by hit show Shark Tank IndiaStreaming platform Jio Cinema is ready to release ‘Indian Angels’, which is portrayed as the world’s first angel investment show on the OTT platform, according to […]

Digikore Studios has announced the launch of “Indian Angels,” calimed to be the world’s first angel investment show which will be streamed on OTT platform Jio Cinema. Indian Angels will offer angel investors the opportunity to support emerging startups as well as extend invitation to viewers to become investors themselves.The show panel of angel investors […]

Kinetic Engineering share price: Shares of Kinetic Engineering were locked in the upper circuit limit of 5 per cent at Rs 124.20 on the BSE on July 12Kinetic Engineering share price: Shares of Kinetic Engineering were locked in the upper circuit limit of 5 per cent at Rs 124.20 on the BSE on July 12. The stock […]

The company Board has approved the raising of over INR 54 crore from various available sources including from promoters and sale of non-core assets.Build a strong future in EV by capitalizing its subsidiary company, Kinetic Watts & Volts Ltd. (KWVL), with additional equity of INR 22 crore to 23 crore.”New Delhi: Kinetic Engineering Limited, the […]

Kinetic Engineering Ltd on Tuesday said it will raise Rs 54 crore through preferential issue of shares to promoters and sale of non-core assets to cut debt and invest in new business This Is The Third Year In A Row Where Promoters Have Increased Their Stake In The Company, Which Will Stand At 59.35 Per […]