'On consolidated basis
Quarter ended September 2024 compared with Quarter ended September 2023.
Net sales (including other operating income) of Ashok Leyland has declined 2.46% to Rs 11147.58 crore. Sales of Commercial Vehicle segment has gone down 6.00% to Rs 9,680.94 crore (accounting for 86.84% of total sales). Sales of Financial Service segment has gone up 29.67% to Rs 1,467.05 crore (accounting for 13.16% of total sales). Inter-segment sales came down from Rs 0.85 crore to Rs 0.41 crore.
Profit before interest, tax and other unallocable items (PBIT) has slumped 9.44% to Rs 936.96 crore. PBIT of Commercial Vehicle segment fell 14.38% to Rs 730.31 crore (accounting for 77.94% of total PBIT). PBIT of Financial Service segment rose 13.71% to Rs 206.65 crore (accounting for 22.06% of total PBIT).
PBIT margin of Commercial Vehicle segment fell from 8.28% to 7.54%. &...
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