Ashok Leyland's Q3 results show a significant increase in net profit and revenue, signaling strong performance in the market.
Ashok Leyland's standalone net profit saw a substantial 60.5% year-over-year increase, reaching ₹580 crore in Q3 FY23-24, while revenue also grew by 2.7% YoY to ₹9273 crore. Executive Vice Chairman Dheeraj Hinduja expressed confidence in the future market conditions. The company's net profit surged by 60%, hitting Rs 580 crore, showcasing remarkable growth from the previous year. With a 61% rise in net profit and improved operating performance, Ashok Leyland has shown a robust financial performance. The Indian flagship of the Hinduja Group recorded revenues of ₹9273 crores in the third quarter of the current financial year. Ashok Leyland's shares surged after posting a record high in Q3 profits. The company is on track to achieve its mid-term sales and profit targets, with hopes of confidently expanding its market share. Ashok Leyland's stock price rose by 4.2% following the strong Q3 results, indicating investor confidence in its performance.
Ashok Leyland's standalone net profit rose 60.5% YoY to ₹580 crore in Q3 FY23-24, with revenue increasing by 2.7% YoY to ₹9273 crore.
Ashok Leyland Executive Vice Chairman Dheeraj Hinduja says that the present favourable market conditions are expected to hold in the foreseeable future. Ashok ...
The company's net profit soared by 60 per cent year-over-year to Rs 580 crore, a significant increase from the previous year's figures.
Ashok Leyland reports a 61% increase in net profit, with strong revenue growth and improved operating performance.
Ashok Leyland Q3FY24 results: The Indian flagship of the Hinduja Group recorded revenues of ₹9273 crores in the third quarter of the current financial year ...
Hinduja group flagship Ashok Leyland on Monday said its net profit increased 61 per cent to Rs 580 crore for the December quarter, riding on robust sales.
The company's standalone revenue during the quarter came in at Rs 9273 crore, higher by 2.7 percent as against Rs 9030 crore in the third quarter of the ...
Here's what foreign brokerages have make of stocks such as Ashok Leyland, BSE and Bank of India (BOI). Get more Stocks News and Business News on Zee ...
Ashok Leyland share price NSE: Ashok Leyland soared on Tuesday, February 6 after the Hinduja group flagship reported the strongest Q3 ever, above Street's ...
Shares of Ashok Leyland, the Indian flagship of the Hinduja Group, surged 5% to hit a record high after reporting a 60.5% YoY rise in net profit for Q3 ...
Indian truck maker Ashok Leyland Ltd beat third-quarter profit estimates on Monday, helped by reduced costs and increased demand for its trucks and buses.
Ashok Leyland Shares Rally Today | Q3 नतीजों का आज इस Stock में क्यों दिखेगा बहुत बड़ा असर? नतीजों के बाद ये स्टॉक बनेगा Stock Of The Day?
Commercial vehicle manufacturer Ashok Leyland Ltd. (ALL) is hopeful of achieving all-time high sales and net profit based on its performance in the first ...
Hinduja Group flagship Ashok Leyland would safely remain above 30 per cent market share in the medium and heavy commercial vehicle segments and confidently ...
Ashok Leyland announced in November that it would invest ₹1200 crore in Switch for capital expenditure, research and development, as well as operational ...
Chennai-based Ashok Leyland, which had previously approved an equity infusion of Rs 1,200 crore into its electric vehicle arm Optare in November last year, made ...
The city-headquartered company reported a 61 per cent rise in net profit of Rs 580 crore on the back of robust sales. The company had posted a net profit of ...
Ashok Leyland's shares rise 4.2% after robust Q3 performance, with net profit jumping 60% Y-o-Y and EBITDA increasing by 40%.
Ashok Leyland: The city-headquartered company reported a 61 per cent rise in net profit of Rs 580 crore on the back of robust sales.
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 53011.78 Crore) operating in Auto sector.
Stock Recommendation: ब्रोकरेज फर्म मोतीलाल ओसवाल फाइनेंशियल सर्विसेज लिमिटेड ने अशोक लीलैंड (Ashok Leyland) और एयरटेल (Airtel) पर ...