11-11-2022 03:24 PM | Source: IANS
Ashok Leyland posts Rs 199 crore PAT for Q2
Commercial vehicle major Ashok Leyland Ltd closed Q2FY23 with a net profit of Rs 199.31 crore.
The company said its operational revenue for the period under review was Rs 8,233.44 crore (PY Q2 Rs.4,426.19 crore) and a net profit of Rs 199.31 crore (net loss of Rs.83.01 crore).
"Despite global recessionary trends, the Indian commercial vehicle market continues to grow well, the industry has seen strong volumes in Q2 FY'23 over the same period last year. We see the demand continui ng in all segments of trucks and passenger vehicles and we remain confident and optimistic about the future," said Dheeraj Hinduja, Executive Chairman.
Latest News
Quote on Rupee by Jateen Trivedi, VP Research Analys...
Daily Market Commentary : Domestic equities rallied ...
Buy Cummins India Ltd For Target Rs. 4,300 By Motila...
FIIs stood as net buyers in equities as per Septembe...
StoxBox September`s Stock Stars - The Ultimate Super 7
`Love his aura and energy`: Enthusiasm grips Indian ...
Buy Reliance Industries Ltd For Target Rs. 3,435 By ...
Evening Roundup : A Daily Report on Bullion Energy &...
Buy Coal India Ltd For Target Rs. 601 By JM Financia...
Commodity Research Evening Track by Kotak Securities...
Top News
Highlights of Interim Budget 2024-25
Tag News
Ashok Leyland unveils E-LCV