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ā¢ Ashok Leyland Ltd. reported a smaller-than-expected second-quarter profit due to rising costs, despite strong demand for its trucks and buses.
ā¢ The company's standalone profit for the three months ended September rose over two-fold, but fell short of analysts' expectations.
ā¢ Revenue from operations for the quarter rose 16.6%, but cost of materials and services consumed grew nearly 20%.