Hot Pursuit     01-Jul-24
Ashok Leyland slides as total sales slips 2% YoY in June'24
Ashok Leyland declined 1.26% to Rs 238.70 after the company said that its total vehicle sales fell 1.84% to 14,940 units in June 2024 from 15,221 units in June 2023.

Domestic sales stood at 14,261 units, were lower by 0.71% as compared with 14,363 units sold in the same period last year.

While total medium and heavy commercial vehicle (M&HCV) sales decreased by 4.44% to 9,519 units while total light commercial vehicle (LCV) sales increased by 3.08% to 5,421 units in June 2024 over June 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.

Ashok Leyland reported 19.82% jump in standalone net profit to Rs 900.41 crore in Q4 FY24 as compared with Rs 751.41 crore in Q4 FY23. Revenue from operations fell 3.08% to Rs 11,266.69 crore in Q4 FY24 as compared with Rs 11,625.67 crore posted in corresponding quarter last year.

Previous News
  Ashok Leyland liquidates UK subsidiary, Ohm Intl
 ( Hot Pursuit - 28-Aug-24   14:03 )
  Ashok Leyland consolidated net profit rises 36.01% in the December 2024 quarter
 ( Results - Announcements 12-Feb-25   17:14 )
  Ashok Leyland launches ICV truck model with 18.49T GVW
 ( Corporate News - 11-Oct-23   10:20 )
  Ashok Leyland invests Rs 200 cr in Hinduja Leyland Finance
 ( Corporate News - 27-Mar-25   15:32 )
  Ashok Leyland slips as promoter pledges shares
 ( Hot Pursuit - 27-Mar-25   17:56 )
  Ashok Leyland’s defence business secures orders worth over Rs 700 crore
 ( Hot Pursuit - 28-Mar-25   11:01 )
  Ashok Leyland Dec sales volumes jump 45%
 ( Corporate News - 02-Jan-23   09:10 )
  Ashok Leyland sells a records 1.98 lakh units in CY2023
 ( Corporate News - 08-Jan-24   10:53 )
  Ashok Leyland to hold board meeting
 ( Corporate News - 21-Mar-24   09:32 )
  Ashok Leyland Ltd soars 1.43%, rises for third straight session
 ( Hot Pursuit - 14-May-24   13:05 )
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 ( Hot Pursuit - 03-Mar-25   09:25 )
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