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Ashok Leyland logs record profit
Business Standard
|November 13, 2025
Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of 820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from %767 crore during the same quarter last year.
The rise was mainly driven by reduction in losses of its electric vehicle (EV) arm Switch Mobility’s UK operations, after the shutdown of its Sherburn facility late last year.
During the period under review, the company's consolidated revenue from operations was also up by 13 per cent to 212,577 crore from %11,148 crore in QoFY25.
Its better showing during the first half of FY26 was also because of the GST 2.0 reforms.
This story is from the November 13, 2025 edition of Business Standard.
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