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May 26, 2021 Vikram Mohan, Managing Director, Pricol   -  Bijoy Ghosh× Steep increase in commodity prices had an impact on EBITDA Pricol Ltd, a manufacturer of auto parts and precision engineered products, has returned to profit with a standalone net profit of ₹3 crore for the quarter ended March 31 compared with a loss of ₹121 crore in the year-ago quarter. Profit before tax for the quarter stood at ₹27 crore against ₹122 crore loss in March 2020 quarter when it had an exceptional item of ₹127 crore. Its operational EBITDA stood at ₹57 crore against ₹38 crore in the year...

Pricol plans new capacities in NCR, Satara and Sri City by Murali Gopalan 25 May 2021 Vikram Mohan, Managing Director of Pricol, is confident that the company will maintain its growth momentum this fiscal.  Businesses are in place along with two new plants in north and south India that will be set up to cater to growing demand and newer products. “I was worried last March and April with Covid but the lockdown ended. The two plants are operating at full capacity and doing well with a surge in rev...

Global semiconductor shortage could last till first half of FY22, hurt automobile industry SECTIONS Share Synopsis While demand in the local market is expected to remain strong due to pent-up demand, consumer preference for personal mobility solutions and increased government spends on infrastructure, production could get affected in the first two quarters of the ongoing financial year due to the shortage of semiconductors, said Vikram Mohan, Managing Director at Pricol India. The current global semiconductor shortage, which has hit automotive companies across continents, could last through t...

Chennai’s new ‘party land’ features a cocktail bar, local ingredients and modernist techniques Updated: Updated: February 25, 2021 13:38 IST The iconic Green Meadows has been updated with a bar and will soon feature a restaurant serving Middle Eastern cuisine Share Article AAA The iconic Green Meadows has been updated with a bar and will soon feature a restaurant serving Middle Eastern cuisine In the middle of nowhere, Party Land thrived. Launched in the ‘80s, it slowly evolved through the ‘90s, and was then rebranded as Green Meadows in 2010. Meanwhile, as the city grew, engulfing...