Thursday, August 14, 2025

Ashok Leyland results: Record sales volumes give CV maker a major net boost in June quarter

Ashok Leyland announced a significant increase in net profit for the first quarter. The company's profit rose by 19.44%, reaching ₹657.72 crore. This growth was fueled by record-breaking commercial vehicle sales. Ashok Leyland sold 44,238 units, marking its highest-ever quarterly volume. The company's subsidiary, Switch Mobility, also achieved positive EBITDA.

from Auto-Industry-Economic Times https://ift.tt/tvMXzyj

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...