'For quarter ending June 2024, consolidated Net sales (including other operating income) of Ashok Leyland has increased 10.66% to Rs 10724.49 crore compared to quarter ended June 2023. Sales of Commercial Vehicle segment has gone up 7.45% to Rs 9,301.73 crore (accounting for 86.73% of total sales). Sales of Financial Service segment has gone up 37.53% to Rs 1,422.97 crore (accounting for 13.27% of total sales). Inter-segment sales came down from Rs 0.56 crore to Rs 0.21 crore.
Profit before interest, tax and other unallocable items (PBIT) has jumped 12.24% to Rs 826.39 crore. PBIT of Commercial Vehicle segment rose 15.12% to Rs 648.74 crore (accounting for 78.50% of total PBIT). PBIT of Financial Service segment rose 2.84% to Rs 177.65 crore (accounting for 21.50% of total PBIT).
PBIT margin of Commercial Vehicle segment rose from 6.51% to 6.97%. PBIT margin of Financial Service segm...
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