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Nexteer Reports Record First-Half 2026 Results
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Nexteer Reports Record First-Half 2026 Results

Customer Wins, Technology Milestones and Digital Transformation Advance Motion Control Leadership AUBURN HILLS, Mich. , Aug. 12, 2026 -- Nexteer Automotive (HK 1316) today announced its 2026 interim results, reporting record first-half performance driven by above-market growth, strategic customer wins and continued advancement of next-generation motion control technologies. Revenue for the period was US 2.3 billion, up 4% compared with the first half of 2025, while total customer bookings reached US 3.3 billion. New and conquest business represented 43% of total bookings, and China domestic OEMs (COEMs) accounted for approximately US 1.0 billion, or 30%, reinforcing Nexteer s position as a trusted motion control partner to OEMs across major global markets. As Nexteer marks its 120th anniversary, the company continues to build on its legacy of innovation while accelerating digital transformation to help OEMs improve speed, efficiency, quality and cost competitiveness in an increasingly complex mobility landscape.

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Nexteer Reports Record First-Half 2026 Results
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Aug 12, 2026 1 min

Nexteer Reports Record First-Half 2026 Results

Customer Wins, Technology Milestones and Digital Transformation Advance Motion Control Leadership AUBURN HILLS, Mich. , Aug. 12, 2026 -- Nexteer Automotive (HK 1316) today announced its 2026 interim results, reporting record first-half performance driven by above-market growth, strategic customer wins and continued advancement of next-generation motion control technologies. Revenue for the period was US 2.3 billion, up 4% compared with the first half of 2025, while total customer bookings reached US 3.3 billion. New and conquest business represented 43% of total bookings, and China domestic OEMs (COEMs) accounted for approximately US 1.0 billion, or 30%, reinforcing Nexteer s position as a trusted motion control partner to OEMs across major global markets. As Nexteer marks its 120th anniversary, the company continues to build on its legacy of innovation while accelerating digital transformation to help OEMs improve speed, efficiency, quality and cost competitiveness in an increasingly complex mobility landscape.

Mach Travel Solutions Ltd Q1 FY27 Revenue Jumps 538% YoY to ₹144.33 Crore
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Aug 12, 2026 1 min

Mach Travel Solutions Ltd Q1 FY27 Revenue Jumps 538% YoY to ₹144.33 Crore

PAT rises 307% YoY as diversified growth strategy gains momentum NEW DELHI , Aug. 12, 2026 -- Mach Travel Solutions Limited (BSE: MACHLTD), formerly known as Mach Conferences & Events Limited, announced its unaudited Q1 FY27 results. Revenue from Operations stood at 144.33 crore, up 538% YoY, while PAT stood at 6.17 crore, up 307% YoY. The Company also recorded Gross Merchandise Value (GMV) of approximately 252 crore, reflecting the scale of travel transactions handled across its diversified platform.

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Banking On Technology is a leading banking magazine, leading fintech magazine, financial technology magazine, digital banking magazine, payments magazine, and finance technology platform focused on the innovations transforming modern financial services. We cover banking technology, fintech innovation, digital payments, UPI, mobile banking, internet banking, open banking, embedded finance, neobanking, blockchain, cybersecurity, artificial intelligence in banking, RegTech, InsurTech, WealthTech, lending technology, credit platforms, financial inclusion, compliance technology, core banking systems, payment gateways, banking infrastructure, and the future of finance. Through expert articles, digital magazine editions, industry news, interviews, reports, videos, podcasts, and thought leadership, Banking On Technology helps banks, fintech startups, NBFCs, financial institutions, investors, advertisers, regulators, and technology providers stay informed about the digital transformation of banking and finance.

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