{"id":157070,"date":"2023-12-04T06:07:58","date_gmt":"2023-12-04T11:07:58","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157070"},"modified":"2023-12-04T06:07:59","modified_gmt":"2023-12-04T11:07:59","slug":"ashok-leyland-ltd-q2fy24-206-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ashok-leyland-ltd-q2fy24-206-rise-in-profits\/","title":{"rendered":"Ashok Leyland Ltd Q2FY24; 206% rise in Profits"},"content":{"rendered":"\n<p>Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&amp;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<br>They manage driver training institutes across India and have trained over 8,00,000 drivers since inception.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Ashok Leyland Ltd reported Revenues for Q2FY24 of \u20b911,429.00 Crores up from \u20b99,600.00 Crore year on year, a rise of 19.05%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b910,501.00 Crores up from \u20b99,288.00 Crores year on year, a rise of 13.06%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9569.00 Crores up 205.91% from \u20b9186.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.79, up 219.64% from \u20b90.56 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24-839x1024.png\" alt=\"\" class=\"wp-image-157077\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-157002\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&amp;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. [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":157077,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392],"tags":[8143],"class_list":["post-157070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","tag-transportation"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-24.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":168712,"url":"https:\/\/alphastreet.com\/india\/ashok-leyland-ltd-q4fy25-33-rise-in-profits\/","url_meta":{"origin":157070,"position":0},"title":"Ashok Leyland Ltd Q4FY25; 33% rise in Profits","author":"Divyansh_Kasana","date":"June 9, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/I-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/I-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/I-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/I-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/I-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/I-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167096,"url":"https:\/\/alphastreet.com\/india\/ashok-leyland-ltd-q3fy25-35-rise-in-profits\/","url_meta":{"origin":157070,"position":1},"title":"Ashok Leyland Ltd Q3FY25; 35% rise in Profits","author":"Divyansh_Kasana","date":"February 26, 2025","format":false,"excerpt":"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. 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