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Ashok Leyland Q4 Results: Net profit rises 14% to Rs 1,291 crore, firm announces Rs 2.5 interim dividend
Ashok Leyland reported a strong rise in fourth-quarter profit and revenue for FY26, driven by record commercial vehicle, export and light commercial vehicle volumes. The company also announced an interim dividend and highlighted growth across defence, electric mobility and aftermarket businesses.
Tata AutoComp, Jahwa Electronics forge JV to manufacture heaters for EVs
Tata AutoComp Systems has partnered with Korea's Jahwa Electronics. They will jointly manufacture advanced PTC heaters for electric and hybrid vehicles in India. This venture positions India as a key hub for Jahwa. It aims to supply both low-voltage and high-voltage PTC heaters. This move supports the growing investments in India's EV and hybrid vehicle markets.
Ashok Leyland Q4 profit rises 13% as CV sales hit record high; exports surge
Ashok Leyland reported record quarterly and annual revenue, profit and commercial vehicle volumes for FY26, driven by strong domestic demand, exports, aftermarket growth and improving traction in electric mobility.
Ashok Leyland Q4 Results: Firm posts highest-ever quarterly PAT at ₹1,405 crore; ₹2.50/share dividend declared
Commercial vehicle manufacturer Ashok Leyland announced the highest-ever quarterly and full-year profit after tax (PAT) today.
HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing
HDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are robust. This clarification follows a report about an internal investigation into Rs 45 crore payments. The payments were reportedly disguised as marketing expenses to a public sector undertaking. HDFC Bank maintains its commitment to transparency and strong governance.
JK Tyre charts Rs 4,900 crore capex to scale up capacity by 24% through FY30
JK Tyre has planned a Rs 4,900 crore capital expenditure through FY30 to expand production capacity by nearly 25%. The company reported strong FY26 earnings growth and expects healthy future demand across passenger and commercial vehicle segments, with major investments focused on its Chennai facility.
Landmark Cars Q4 profit jumps over 10-fold on strong vehicle sales and aftersales growth
Landmark Cars reported strong quarterly growth driven by higher vehicle sales, record aftersales performance, improved margins and tighter control over operating costs.
Balu Forge Industries spikes 10% on aerospace order from US Alpha Aircraft
The buying on the counter came after Balu Forge has received its first commercial purchase order for the supply of precision-engineered components to Alpha Aircraft Systems Inc
Balu Forge surges after securing maiden contract from aerospace industry
Balu Forge Industries jumped 7.08% to Rs 499 after the company announced that it has received its first commercial purchase order for the supply of precision engineered components to US-based Alpha Aircraft Systems Inc.
Ashok Leyland bags order for 715 vehicles from VRL Logistics
Ashok Leyland on May 25 announced securing an order for 715 vehicles from VRL Logistics, strengthening their long-standing partnership. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks, and Oyster staff buses. Deliveries have already begun, with 300 vehicles supplied so far, while the remaining 415 units are slated for delivery within the current year, highlighting continued demand for Ashok Leyland’s commercial vehicle portfolio.
Persistent Systems and Kong announces strategic partnership to scale enterprise AI adoption
Persistent Systems and Kong, a leading developer of API and AI connectivity, today announced a strategic partnership to help enterprises implement the control layer required to scale AI securely and reliably. Persistent is uniquely positioned as Kong's global systems integration partner, combining its engineering-led approach with Kong's unified API and AI connectivity platform to simplify integration, strengthen governance and accelerate enterprise AI adoption.
Tragic Deaths: Eight Killed After SUV Falls Into Gorge In Ambenali Ghat On Poladpur-Mahabaleshwar Road
The accident occurred in Ambenali Ghat near the Raigad-Satara border when the driver lost control at a sharp turn, causing the vehicle to fall 500 to 700 feet.