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VERIFIEDET Markets·neutral
Ashok Leyland Q1 profit rises 2% as revenue jumps 10% to Rs 10,750 crore
AI Summary
- ·Ashok Leyland's consolidated Q1FY27 profit increased by 2% to ₹668 crore.
- ·Revenue for the quarter rose 10% to ₹10,750 crore, driven by record commercial vehicle sales.
- ·Rising material costs impacted margins, leading the company to implement cost-saving and pricing strategies.