The company said that this order is one of the largest from a state transport undertaking for a single original equipment manufacturer (OEM). The order will contribute to strengthen Ashok Leyland's dominant position in the Indian bus market, it added.

Under the terms of the order, Ashok Leyland will deliver 55-seater fully assembled BS VI diesel buses in a phased manner. These buses are designed to provide exceptional passenger comfort and will feature the advanced iGen6 BS VI technology, featuring a robust 147 kW (197 hp) H-series engine, which in turn shall enhance safety and comfort, and reduce the overall cost of ownership (TCO).

Sanjeev Kumar, President - M&HCV, Ashok Leyland, said "GSRTC has had a long association with Ashok Leyland with more than 2600 nos. BSVI buses already operating successfully in their fleet, including 320 nos. fully built midi buses. This latest order boosts our order book from State Transport Undertakings to an impressive tally of over 4,000 buses. These 11-meter fully assembled diesel buses will feature our in-house developed iGen6 BS VI OBD II technology, adhering to the rigorous AIS 052 and AIS 153 CMVR bus body standards.”

The company stated that this order represents another step towards solidifying its position of leadership.

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 576 crore in Q1 FY24, up by more than eight times as compared with a PAT of Rs 68 crore in the same period last year. Revenue for the quarter stood at Rs 8,189 crore as against Rs 7,223 crore in Q1 FY23, up 13.4% YoY.