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VERIFIEDMint Industry·positive

Skoda drives Volkswagen India’s profit revival, backed by parent support

AI Summary
  • ·Skoda Auto Volkswagen India reported a 48% jump in net profit to ₹139 crore in FY26.
  • ·Total revenue for the company rose 11% to ₹22,338 crore in FY26.
  • ·The company's net profit had previously fallen 2% in FY25 and 69% in FY24.
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