Shriram Finance closed the second quarter of FY2025–26 on a strong note, underlining its dominance in India’s Commercial Vehicle (CV) financing landscape, writes Ashish Bhatia. Shriram Finance Ltd. reported that Assets Under Management (AUM) grew by 15.74 per cent Year-On-Year (YoY) to reach Rs. 2.81 lakh crore, reaffirming its position as one of the country’s largest retail asset financiers. Within[Read More…]
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…]
Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country’s leading commercial vehicle manufacturers, has begun the delivery of its AVTR 55T Electric Trucks to ASAT Logistics Pvt. Ltd., the strategic logistics partner of Shree Cement. A total of 24 electric trucks will be supplied under this initiative, marking a significant milestone in Ashok Leyland’s journey[Read More…]
Ashok Leyland, the Indian flagship of the Hinduja Group and a commercial vehicle manufacturer, has expanded its presence in Odisha with the inauguration of a new Light Commercial Vehicle (LCV) dealership in Jajpur. This marks the company’s sixth LCV outlet in the state. The new dealership, operated by Shantilata Company, is a full-fledged 3S facility (Sales, Service and Spares)strategically located at[Read More…]
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