'For the quarter ending March 2024, consolidated net sales (including other operating income) of Ashok Leyland has increased 2.84% to Rs 13577.58 crore compared to quarter ended March 2023.  Sales of Commercial Vehicle segment has gone down 0.36% to Rs 12,147.08 crore (accounting for 89.46% of total sales).  Sales of Financial Service segment has gone up 41.35% to Rs 1,431.66 crore (accounting for 10.54% of total sales).  Inter-segment sales rose Rs 0.88 crore to Rs 1.16 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 34.60% to Rs 1,640.06 crore.  PBIT of Commercial Vehicle segment rose 34.38% to Rs 1,352.41 crore (accounting for 82.46% of total PBIT).  PBIT of Financial Service segment rose 35.61% to Rs 287.65 crore (accounting for 17.54% of total PBIT).  

PBIT margin of Commercial Vehicle segment rose from 8.26% to 11.13%.  PBIT margin of Financial Servic...

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