This order is for AVTR 3120 and AVTR 4420 TT models of Ashok Leyland. These trucks have all the advanced features to bring more efficiency and profitability to VRL's expanding fleet, said the company.

The trucks will come fitted with the latest in features and technology. These advanced features and technologies will help VRL to have reduced maintenance time, fewer stop- overs, and higher efficiency resulting in better uptime and increased profitability, Ashok Leyland stated in the press release.

Shenu Agarwal, MD & CEO of Ashok Leyland, said, “VRL Logistics and Ashok Leyland have a longstanding association which is beyond the usual customer-OEM relationship. Over the years VRL has worked very closely with us in developing new products and features suited to emerging needs of customers in the logistics industry. VRL has been pioneering and the most enterprising fleet operator in our country.”

VRL Logistics is largest and leading transportation and logistics company in India.

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 company reported net profit of Rs 361.34 crore in Q3 FY23 compared with net loss of Rs 5.76 crore in Q3 FY22. Net sales jumped 63.3% to Rs 8,984.95 crore in Q3 FY23 as against Rs 5,503.64 crore in Q3 FY22.

Shares of Ashok Leyland fell 0.14% to Rs 137.85 and VRL Logistics declined 1.26% to Rs 633.15 on the BSE.