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November 12,2025

Ashok Leyland Q2 Profit Surges Amid EV Improvements

Hinduja Group-led Ashok Leyland posted a record Q2 FY26 net profit of ₹820 crore, up 7% year-on-year, driven by reduced Switch Mobility UK losses and stronger Hinduja Leyland Finance performance. Consolidated revenue rose 13% to ₹12,577 crore. MHCV and LCV sales increased 3% and 6%, while exports grew 45%.

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