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Ashok Leyland Ltd Q2FY25; 35% rise 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 Q2FY25 of ₹11,148.00 Crores down from ₹11,429.00 Crore year on year, a fall of 2.46%.

Total Expenses for Q2FY25 of ₹10,314.00 Crores down from ₹10,501.00 Crores year on year, a fall of 1.78%.

Consolidated Net Profit of ₹767.00 Crores up 34.8% from ₹569.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.40, up 34.08% from ₹1.79 in the same quarter of the previous year.

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