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Hot Pursuit
01-Jun-23
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Ashok Leyland sales slide marginally in May'23
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The commercial vehicles maker reported marginal decline in total vehicle sales to 13,134 units in May 2023 from 13,273 units in May 2022.
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While medium & heavy commercial vehicles (M&HCV) sales increased 4% YoY to 8,270 units, total light commercial vehicles (LCV) sales slipped 9% YoY to 4,864 last month.
The company's domestic sales of commercial vehicles during the period under review aggregated to 12,378 units, lower by 1% compared with the same period last year.
Ashok Leyland is engaged in manufacture and sale of a wide range of commercial vehicles. The company also manufactures engines for industrial and marine applications, forgings and castings.
The Hinduja Group company's standalone net profit declined 16.6% to Rs 751.41 crore despite of 32.95% jump in revenue from operations to Rs 11,625.67 crore in Q4 FY23 from Rs 901.37 crore over Q4 FY22.
The scrip rose 0.51% to end at Rs 147.10 on the BSE.
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Previous News |
Benchmarks trade with minor cuts; consumer durables advance
(
Market Commentary
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Mid-Session
02-Apr-24
10:39
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Ashok Leyland fixes record date for dividend
(
Market Beat
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Reports
21-Mar-24
18:16
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Ashok Leyland Ltd spurts 0.89%, up for five straight sessions
(
Hot Pursuit
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02-Apr-24
13:00
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Ashok Leyland Ltd Falls 0.62%
(
Hot Pursuit
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07-Jun-24
09:30
)
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Ashok Leyland to hold board meeting
(
Corporate News
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21-Mar-24
09:32
)
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Ashok Leyland July sales jump 11%
(
Corporate News
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01-Aug-23
18:07
)
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Ashok Leyland announces board meeting date
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Corporate News
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10-Jul-23
17:18
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Ashok Leyland Q4 PAT drops 17% YoY to Rs 751 cr
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Hot Pursuit
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24-May-23
09:36
)
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Ashok Leyland rises after recording PAT of Rs 576 crore in Q1
(
Hot Pursuit
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21-Jul-23
12:04
)
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Ashok Leyland Ltd gains for third consecutive session
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Hot Pursuit
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24-Jul-23
13:05
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Ashok Leyland reports consolidated net profit of Rs 163.91 crore in the September 2022 quarter
(
Results
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Announcements
11-Nov-22
08:42
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