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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.
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