News

Ashok Leyland Q2 : Announces 100% interim dividend of Rs. 1/- per share

PBT up 23% at Rs 1083 Cr PAT all-time high of Rs 771 Cr EBITDA up at 12.1% Ashok Leyland, the Indian flagship of the Hinduja Group, reported Profit (before exceptional items and tax) of Rs. 1,083 Cr for the quarter,growing at 23% over the same period last year (Rs 878 Cr).The EBITDA for the quarter was up at 12.1% (Rs. 1162 Cr) as against 11.6% (Rs. 1017 Cr) in the corresponding period last year.   Both MHCV and LCV industry witnessed positive growth in Q2.[Read More…]

by November 12, 2025 News
SML Mahindra Ltd. (formerly SML ISUZU Ltd.) and Mahindra Truck & Bus Host Joint Financiers Meet

SML Mahindra Ltd. (formerly SML ISUZU Ltd.) and Mahindra Truck & Bus Host Joint Financiers Meet

In a defining moment for India’s commercial vehicle industry, SML Mahindra Ltd., formerly SML Isuzu Ltd., joined hands with the Mahindra Truck and Bus Division (MTBD) to host a Joint Financiers Meet on Thursday, Oct 9th 2025 at Mahindra Towers, Worli, Mumbai. The event marked the first collaborative initiative following the company’s rebranding and integration with Mahindra, symbolizing a strong[Read More…]

by November 11, 2025 News
SML Mahindra Sets a New Record with Highest-Ever October Sales

SML Mahindra Sets a New Record with Highest-Ever October Sales

SML Mahindra (earlier SML ISUZU Ltd.) has once again raised the bar by achieving its highest-ever total sales in any October month, surpassing the previous record set in October 2005. This milestone marks a remarkable performance for the company, reflecting both strong market demand and exceptional execution by the SML Mahindra team. The company has exceeded and recorded an impressive[Read More…]

by November 11, 2025 News
Scania and GMMCO Forge New Partnership to Strengthen India Operations

Scania and GMMCO Forge New Partnership to Strengthen India Operations

In a strategic expansion move, Scania Commercial Vehicles India has brought on board GMMCO Limited of the C.K. Birla Group to oversee its dealership and service operations across North, East and Central India. The partnership forms a key pillar of Scania’s renewed growth strategy for the Indian market, aimed at reinforcing regional presence and enhancing support for customers across diverse[Read More…]

by October 31, 2025 News