The company claimes that it is the first Indian commercial vehicle manufacturer to receive certification from Automotive Research Association of India (ARAI) for its whole range of heavy duty BS VI vehicles.
"Along with the rollout of the BS VI vehicles, we will also be introducing our Modular Business Platform giving our customers the flexibility to choose vehicles as per their specific needs and enable a faster response from us," he added.
Gopal Mahadevan, whole time director and chief financial officer of the company said, "We commenced our productivity drive and cost reduction programme well in advance. These initiatives have gained momentum and have helped us achieve a sizeable reduction in costs. We are closely watching the developments in the industry"
The company has seen exceptional items including a voluntary retirement scheme of Rs 44.74 crore during the quarter.