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ReNew sees 13x jump in net profit for June quarter
August 15, 2025
|Financial Express Bengaluru
NASDAQ-LISTED Renew Energy Global, a leading decarbonization solutions company, on Thursday announced a thirteenfold jump in its net profit, ₹5,131 crore ($60 million) in the first quarter of FY26 against ₹39.4 crore ($5 million) in Q1FY25.
ASHOK LEYLAND ON Thursday reported a 13% year-on-year increase in standalone net profit to ₹593.13 crore in Q1FY26, supported by record revenues on strong commercial vehicle (CV) sales. The flagship company of the Hinduja Group posted its highest-ever first-quarter revenue at ₹8,725 crore, slightly above ₹8,599 crore in the year-ago period.
The company's EBITDA margin improved to 11.1% in Q1FY26 from 10.6% in Q1FY25.
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