Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. The company has a strong brand and well-diversified distribution and service network across the country and has a presence in 50 countries, it is one of the most fully-integrated manufacturing companies. Its headquarter is in Chennai
They manage driver training institutes across India and have trained over 8,00,000 drivers since inception.
Financial Results:
Ashok Leyland Ltd reported Revenues for Q1FY24 of ₹9,691.00 Crores up from ₹8,470.00 Crore year on year, a rise of 14.42%.
Total Expenses for Q1FY24 of ₹9,065.00 Crores up from ₹8,380.00 Crores year on year, a rise of 8.17%.
Consolidated Net Profit of ₹584.00 Crores up 2554.55% from ₹22.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.85, up 9,150.00% from ₹0.02 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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