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Ashok Leyland just had a record June quarter. So why did the margin fall a full point?

AI Summary
  • ·Ashok Leyland reported its highest-ever first-quarter volume with 48,763 commercial vehicles sold.
  • ·Revenue from operations increased by 10.43% to Rs. 9,634 crore.
  • ·Operating EBITDA remained nearly unchanged at Rs. 970 crore compared to the previous year.
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