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

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...