Hot Pursuit     02-May-24
Ashok Leyland gains after auto sales rise by 10% YoY in April
Ashok Leyland added 2.73% to Rs 197.85 after the company reported 10% rise in commercial vehicle sales to 14,271 units in April 2024 from 12,974 units in April 2023.

While total medium and heavy commercial vehicle (M&HCV) sales increased by 15% to 9,123 units, total light commercial vehicle (LCV) sales rose by 2% to 5,148 units in April 2024 over April 2023.

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’s consolidated net profit jumped 60.51% to Rs 580 crore on 2.69% increase in revenue from operations to Rs 9,273 crore in Q3 FY24 over Q3 FY23.

Previous News
  Ashok Leyland fixes record date for dividend
 ( Market Beat - Reports 21-Mar-24   18:16 )
  Ashok Leyland records decline in Nov sales volumes
 ( Corporate News - 01-Dec-23   14:30 )
  Ashok Leyland Ltd spurts 5.09%, up for fifth straight session
 ( Hot Pursuit - 26-Apr-24   13:00 )
  Ashok Leyland Ltd rises for third straight session
 ( Hot Pursuit - 13-Jul-23   13:05 )
  Benchmarks trade with minor cuts; consumer durables advance
 ( Market Commentary - Mid-Session 02-Apr-24   10:39 )
  Ashok Leyland Ltd spurts 0.89%, up for five straight sessions
 ( Hot Pursuit - 02-Apr-24   13:00 )
  Ashok Leyland consolidated net profit rises 10104.32% in the June 2023 quarter
 ( Results - Announcements 21-Jul-23   12:33 )
  Ashok Leyland April sales volumes jump 10%
 ( Corporate News - 02-May-23   09:05 )
  Ashok Leyland Ltd Spurts 5.91%, S&P BSE Auto index Gains 2.69%
 ( Hot Pursuit - 23-May-22   09:30 )
  Ashok Leyland launches ICV truck model with 18.49T GVW
 ( Corporate News - 11-Oct-23   10:20 )
  Ashok Leyland Ltd spurts 5.05%, gains for five straight sessions
 ( Hot Pursuit - 16-Jun-23   13:00 )
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