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Hot Pursuit
01-Dec-23
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Ashok Leyland slides after total sales slips 3% YoY In November
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Ashok Leyland declined 2.35% to Rs 178.80 after the company sold 14,053 vehicles in November 2023, which is lower by 3.48% as compared with 14,561 units sold in November 2022.
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The company's total medium & heavy commercial vehicles (M&HCV) sales declined 10% YoY to 8,500 units in November 2023 and light commercial vehicles (LCV) sales rose 9% to 5,553 units in last month.
The company's domestic sales of commercial vehicles in November 2023 aggregated to 13,031 units, lower by 5% compared with 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.
Ashok Leyland reported net profit of Rs 561.01 crore in Q2 FY24, steeply higher from Rs 199.31 crore posted in corresponding quarter last year. Revenue from operations jumped 16.6% year on year to Rs 9,638.04 crore in Q2 FY24.
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Previous News |
Ashok Leyland rises after bagging Rs 981 crore bus supply contract from MSRTC
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Hot Pursuit
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15-Jul-24
11:39
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Ashok Leyland consolidated net profit declines 6.39% in the June 2024 quarter
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Results
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Announcements
25-Jul-24
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Nifty hits fresh record high; VIX rallied 3.07%; India's wholesale inflation rises to 3.6%
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Market Commentary
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Mid-Session
15-Jul-24
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Ashok Leyland liquidates UK subsidiary, Ohm Intl
(
Hot Pursuit
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28-Aug-24
14:03
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Ashok Leyland announces cessation of director
(
Corporate News
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25-Jul-24
14:24
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Market at day's high; European mkt opens lower
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Market Commentary
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Mid-Session
15-Jul-24
13:34
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Ashok Leyland announces cessation of directors
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Corporate News
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25-Jul-24
13:45
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Ashok Leyland
(
Results
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Analysis
21-Jul-23
14:10
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Ashok Leyland allots 1 lakh equity shares under ESOP
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Corporate News
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24-May-24
18:25
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Ashok Leyland receives reaffirmation in credit rating from CARE
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Corporate News
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28-Sep-23
12:59
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Ashok Leyland Ltd soars 0.23%, gains for fifth straight session
(
Hot Pursuit
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09-Jun-23
13:00
)
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