Ashok Leyland, a commercial vehicles manufacturer, recorded a 17% decline YoY in net profit to INR751.41 ...More

Ashok Leyland, a commercial vehicles manufacturer, recorded a 17% decline YoY in net profit to INR751.41 crore during the March quarter despite reporting a rise in revenue. Raw material expenses contributed significantly to the total expenses, surging to INR8,080.2 crore YoY from INR6,430 crore. For the fiscal year 2022-23, the firm's net profit surged more than twofold to INR1,380 crore, and revenue rose 67% to INR35,977 crore. ...Less

Ashok Leyland Q4 Results: Ashok Leyland reported a 38% year-on-year growth in its Q4FY25 standalone net p ...More

Ashok Leyland Q4 Results: Ashok Leyland reported a 38% year-on-year growth in its Q4FY25 standalone net profit at Rs 1,246 crore versus Rs 900 crore in the year ago period. The company's revenue from operations was up by 6% to Rs 11,907 crore over Rs 11,267 crore reported in the corresponding quarter of the last financial year. ...Less

It reported a consolidated profit of Rs 158 crore for the quarter ending 31 March, down 58% year-on-year. ...More

It reported a consolidated profit of Rs 158 crore for the quarter ending 31 March, down 58% year-on-year. Consolidated revenue for the quarter grew by 22% year-on-year to Rs 9,927 crore, led by higher sales as well as price increases. ...Less

Revenues from operations in the quarter under review stood at Rs 11,266.69 crore as compared to Rs 11,625 ...More

Revenues from operations in the quarter under review stood at Rs 11,266.69 crore as compared to Rs 11,625.67 crore in the year-ago period. ...Less

Income from operations rose to Rs 8,722.59 crore from Rs 8,651.55 crore in the year-ago period. ...More

Income from operations rose to Rs 8,722.59 crore from Rs 8,651.55 crore in the year-ago period. ...Less

Ashok Leyland reported a 17% YoY fall in net profit in its Q4FY23. Despite this, several brokerages remai ...More

Ashok Leyland reported a 17% YoY fall in net profit in its Q4FY23. Despite this, several brokerages remain optimistic about the Indian vehicle maker's stock, with JP Morgan maintaining an 'overweight' call and Nomura and Jefferies advocating a 'buy' stance on the counter. The fall in the bottom line was primarily because the company accrued a one-time gain in the same quarter last year, and revenue from operations rose 33% YoY. The company's market share in trucks and buses also showed improvement YoY, and its light commercial vehicle volumes grew 18% in the reported quarter. ...Less

The third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing r ...More

The third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing results. Ashok Leyland is predicted to witness a minor revenue decline while showing a profit increase. Siemens is expected to report significant growth in both revenue and profit, boosted by its Gas & Power and Mobility segments. ...Less

Ashok Leyland Bonus Share Issue: Ashok Leyland shares will be in focus as the board is set to consider a ...More

Ashok Leyland Bonus Share Issue: Ashok Leyland shares will be in focus as the board is set to consider a bonus issue proposal and announce Q4 and FY25 results on May 23. The company recently declared a second interim dividend of ₹4.25 per share, bringing total FY25 dividends to ₹6.25. Analysts maintain a 'Buy' rating with a target price of ₹252. ...Less

Ashok Leyland posted a 38% YoY rise in Q4FY25 net profit at ₹1,246 crore, with revenue up 6% to ₹11,907 c ...More

Ashok Leyland posted a 38% YoY rise in Q4FY25 net profit at ₹1,246 crore, with revenue up 6% to ₹11,907 crore. The company reported record quarterly profits, announced a 1:1 bonus share issue, and paid ₹6.25/share in FY25 interim dividends. ...Less