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09-Nov-2024

Ashok Leyland

OP up 9.05%


'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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