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Ashok Leyland Ltd Q1FY25; 6% fall in Profits

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 Q1FY25 of ₹10,724.00 Crores up from ₹9,691.00 Crore year on year, a rise of 10.66%.

Total Expenses for Q1FY25 of ₹9,995.00 Crores up from ₹9,065.00 Crores year on year, a rise of 10.26%.

Consolidated Net Profit of ₹551.00 Crores down 5.65% from ₹584.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.73, down 6.49% from ₹1.85 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.

Tags: Automobile
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