Ashok Leyland ltd. (NSE: ASHOKLEY) is an Indian multinational automotive manufacturing company based in Chennai, India. It is the second-largest commercial vehicle manufacturer and fourth-largest bus manufacturer in India. The company was founded in 1948 and is a subsidiary of the Hinduja Group. It produces a range of commercial vehicles, including trucks, buses, and defense vehicles, and serves customers in over 50 countries.
For the three months ended December 31, 2022, the company’s consolidated revenue from operations was INR 10,399.74 crore, up from INR 9,600.08 crore in the previous quarter. The company’s total income was INR 10,430.39 crore for the quarter, an increase of 9.2% compared to the previous quarter. The company’s total expenses were INR 9,820.90 crore for the quarter, a 4.3% increase compared to the previous quarter. The company’s profit before tax was INR 614.80 crore for the quarter, compared to a loss of INR 55.92 crore in the previous quarter. The company’s total comprehensive income was INR 305.03 crore for the quarter, compared to INR 211.72 crore in the previous quarter.