Revenue from operations rose to Rs 4,184 crore for the first quarter as against Rs 2,461 crore in the Q1 of 2020-21, MRF said in a regulatory filing.
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The new XUV700 will be the first vehicle to wear the Twin Peaks logo, followed by other SUV products in a phased manner, the company said, adding, the new visual identity visual identity will be seen throughout the SUV product portfolio, across 1300 customer (Sales) and service touchpoints and 823 cities by 2022.
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The company said it plans to launch the first model under the N badge this year, followed by additional model launches over the next few years.
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The RS 5 Sportback has safety features including 6 airbags that include side airbags in front along with the curtain airbag system.
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Revenues from operations declined to Rs 2,608 crore in April-June 2021-22 from Rs 2,927 crore in the June quarter of FY20.
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The partnership would also offer special financing 'Kisan Car Scheme' with extended and convenient repayment options to the farmers.
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The Gurugram-based electric vehicle maker, which currently has two e-bike models –RV 300 and RV 400, has operations across Delhi, Ahmedabad, Mumbai, Hyderabad, Pune and Chennai.
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Out of these 6,265 electric buses, supply orders for 3,118 electric buses have been issued by the selected entities, he said.
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