Page 3 - Ashok Leyland Auto

Ashok Leyland clocks three million vehicles production milestone

Ashok Leyland has been a driving force in the Indian and international commercial vehicle sector with technology at the forefront

Ashok Leyland progressing in network expansion in North & East: Official

Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja Group flagship company was also gearing up to launch its electric light commercial vehicles (LCVs) within the next few months. Ashok Leyland in the first nine months of the financial year ending December 31, 2023 reported its highest turnover of Rs 27,100 crore, highest sales volume at 1,38,416 units, EBITDA of Rs 3,014 crore and Profit After Tax of Rs 1,718 crore. "While we have started doing very well now in the North and East zones which have been traditionally our weaker markets, there is certainly ample headroom to grow further. We are progressing well on our network expansion plans, especially in the North and East zones" company Managing Director Shenu Agarwal said. Ashok Leyland to fuel its network expansion plans, has tied up with the diversified conglomerate TVS Group. "We have tied up with the TVS G

Some slowdown likely in elections, confident of growth: Ashok Leyland

The commercial vehicle manufacturer is getting investor interest in Switch and is open to multiple options in funding for the unit, says Dheeraj Hinduja

Ashok Leyland to make 1225 buses for Karnataka state transport undertakings

Company says order will strengthen its lead in Indian bus manufacturing

Undeterred by price rise, CV sales likely to set a new record in FY24

Buoyed by improving highway infrastructure, demand for buses has grown by more than 35%. Overcrowded trains are also adding to the growing road-based transport

Ashok Leyland bags order for 1,666 new buses from Tamil Nadu STUs

Ashok Leyland is the fourth-largest manufacturer of buses in the world and India's largest bus manufacturer

Ashok Leyland September sales: Total sales up 9% YoY to 19,202 units

Bus sales for the company more than doubled in domestic sales as Ashok Leyland dispatched 1,851 units in September, which is 119% more than the 847 units sold during the same period a year ago

Ashok Leyland July sales: Total sales up 11% YoY, bus sales up 56%

Year-to-date domestic sales for the ongoing financial year stood at 53,314 units which was up 7% from 49,839 units during the same period last year

Ashok Leyland Q1FY24 results: Net profit jumps 747%, revenue up 13%

The Ebitda margin in Q1FY24 expanded by 560 basis points to 10% from 4.4% YoY

Auto major Ashok Leyland secures defence sector orders worth Rs 800 crore

The two vehicles, FAT 4X4 and GTV 6X6 have special capabilities that will be used by the artillery to carry light and medium guns, respectively

To ensure driver comfort, Centre mandates air-conditioning in trucks

I wanted to introduce air conditioners in truck driver compartments from the day I took charge as Minister, Nitin Gadkari said

Escorts, Bajaj-Auto: Trading strategies for auto stocks post Feb sales nos

Auto index trades with a sluggish bias, may lose grip if falls below its 200-DMA

Ashok Leyland showcases 7 new advanced mobility solutions at Auto Expo 2023

Hinduja group flagship Ashok Leyland has showcased seven advanced mobility solutions at the Auto Expo 2023 in New Delhi, the city-based heavy commercial vehicle-maker said on Wednesday

Ashok Leyland appoints Shenu Agarwal as new managing director, CEO

Shenu joins Ashok Leyland from Escorts Kubota Ltd, where he was president

Stocks to Watch: TCS, KPI Green, Siemens, Alstom India, Apollo Hospitals

Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.

Ashok Leyland posts Rs 199 crore net profit in Q2, revenue up 85% YoY

The company has also achieved a market share of 32 per cent in Q2FY23

Ashok Leyland bags order for supplying 1,400 school buses in UAE

Indian company says deal win by distribution partners 'reaffirms faith' in its buses

CV maker Ashok Leyland's sales jump 58% in July to 13,625 units

Commercial vehicle maker Ashok Leyland on Monday said its total vehicle sales, including exports, jumped 58 per cent year-on-year to 13,625 units in July. The company had sold a total of 8,650 vehicles in the same month last year, Ashok Leyland said in a statement. Sales of Medium & Heavy Commercial Vehicles (M&HCV), which include trucks and buses, rose 113 per cent to 8,148 units last month compared to 3,822 units sold in July 2021. The Light Commercial Vehicle (LCV) segment sales also increased 13 per cent to 5,477 units last month in comparison to July 2021 sales of 4,828 vehicles, Ashok Leyland said. Total domestic sales (M&HCV+LCV) during the previous month stood at 12,715 units, an increase of 56 per cent over 8,129 units in July 2021, the company said.

Ashok Leyland posts net profit of Rs 96 cr in Q1; revenue more than doubles

Commercial vehicle major Ashok Leyland Ltd closed the first quarter of FY23 with an after tax profit of Rs 68 crore.

Auto stocks gain on fuel price cut; Maruti, Ashok Ley, M&M gain up to 5%

Analysts also believe that the government's export duty hike on steel and plastic bodes well for the auto sector due to elevated commodity inflation.