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ashok leyland

Dheeraj Hinduja, Executive Chairman of Ashok Leyland, predicts sustained momentum thanks to cost savings and increased margins.

by Adesola Mojo
Dheeraj Hinduja, Executive Chairman of Ashok Leyland, predicts sustained momentum thanks to cost savings and increased margins.

Ashok Leyland remains optimistic about maintaining double-digit operating margins throughout the rest of the current fiscal year. The Hinduja Group’s flagship company expects to continue benefiting from cost-saving measures, lower …

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Categories Automobile

Ashok Leyland Achieves Remarkable YoY Growth, Posts 747% Increase in Q1 Net Profit

by Adesola Mojo
Ashok Leyland Achieves Remarkable YoY Growth, Posts 747% Increase in Q1 Net Profit

Ashok Leyland, a leading Commercial Vehicle manufacturer today reported a massive 747% Year-on-Year (YoY) growth in net profit for the Q1 FY24. The company’s net profits for this quarter stood …

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Categories Automobile

Report predicts domestic automobile industry to see a 17% increase in revenue during the June quarter

by Adesola Mojo
Report predicts domestic automobile industry to see a 17% increase in revenue during the June quarter

Domestic automobile industry is expected to achieve a 17% year-on-year revenue growth in the June quarter of FY24, as reported on Tuesday. This projected growth will be driven by strong …

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Categories Automobile
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