Ashok Leyland Q2 profit jumps 37% to ₹770 cr; revenue drops 9%
Revenue from operations dropped 9% to ₹8,769 crore for the second quarter.
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Ashok Leyland shares surge 7% as UBS recommends 'buy'
The Hinduja Group subsidiary saw a 41% decline in its quarterly consolidated net profits from ₹933.69 crore in Q4 of the previous fiscal to ₹550.65 crore in Q1 of this fiscal year
Ashok Leyland shares jump to record high post strong Q4
Net profit of Ashok Leyland grew 20% year-on-year to ₹900 crore for the quarter ended March.
Ramkrishna Takes The Synergy Route To Growth
Company rises 15 ranks, cashes in on increasing commercial vehicle sales, new contracts.
Tata Motors, Maruti Suzuki, Eicher Motors, Ashok Leyland shares decline after Dec sales
In December, the domestic passenger vehicle sales crossed the 4 million units mark led by robust sports utility vehicle (SUV) sales
India's AC cabin mandate to disrupt cowl truck market
Around 50% of long-haul trucks sold in India come without cabins.
20-30% of LCV sales to be EVs by FY30: Switch Mobility
Mahesh Babu, CEO, Switch Mobility in an interaction tells Fortune India that buses and LCVs between 2 and 3.5 tonnes will be the two important segments that will undergo electrification.
Ashok Leyland to invest ₹1,000 cr in greenfield bus manufacturing facility in Uttar Pradesh
According to the company, once operational, the manufacturing facility will have a capacity to produce 2,500 buses per year.
Ashok Leyland unveils electric light commercial vehicles; stock surges 2%
Ashok Leyland says the Switch IeV series (lev 3 and lev 4) is enabled with a 330 V high voltage EV Architecture for the 3.5-tonne commercial vehicle category
