Ashok Leyland

Thursday, Apr 18, 2024 | Last Update : 06:01 AM IST

Some auto companies resume production after profit slumps on weak demand. (PTI Photo)

Top auto companies resume production after profit slumps on weak demand

Maruti Suzuki India reported a 27.77 percent decline in consolidated net profit to Rs 1,322.3 crore for the fourth quarter of 2019-20

13 May 2020 5:09 PM

Ashok Leyland resumes production. (PTI Photo)

Ashok Leyland resumes production across India

The commercial vehicle major will be ensuring all the necessary health and safety protocols with regard to COVID-19 in its facilities

13 May 2020 2:42 PM

Auto stocks plunged nearly 12 percent. (PTI Photo)

Auto stocks slump nearly 12% as automakers score nil domestic sales in April

Maruti Suzuki India, Hyundai Motor India Ltd, Mahindra & Mahindra, Toyota Kirloskar Motor and MG Motor India reported nil sales

04 May 2020 3:57 PM

The company had sold 19,741 units in the same month last year, Ashok Leyland said in a regulatory filing.

Ashok Leyland sales down 40 pc at 11,850 units in Jan

Light commercial vehicle sales last month stood at 3,901 units as compared to 4,870 units in January 2019, down 19.8 per cent.

03 Feb 2020 11:31 AM

Despite being in the negative territory, Mahindra & Mahindra managed to arrest decline in sales, posting 11 per cent dip at 49,193 units last month as compared to 55,350 units in October 2018.

Maruti posts positive domestic sales; Mahindra, Toyota improve performance in Oct

This is the first time in the last seven months that Maruti Suzuki has seen an increase in its domestic sales.

01 Nov 2019 4:23 PM

The scrip plunged 5.36 per cent to Rs 64.40 on the NSE.

Ashok Leyland stock tanks over 5 pc as co plans to suspend production for up to 15 days

On the BSE, the Ashok Leyland stock slumped 5.29 per cent to Rs 64.50.

07 Oct 2019 12:13 PM

Ashok Leyland said sales of medium and heavy commercial vehicles in the domestic market declined 69 per cent to 4,035 units as compared to 13,056 units in the same month last year.

Ashok Leyland sales dips 55 per cent in Sep at 8,780 units

The company had sold a total of 19,374 units in the same month last year, Ashok Leyland said in a regulatory filing.

01 Oct 2019 12:57 PM

On Monday Hinduja Group flagship Ashok Leyland, India’s third biggest commercial vehicle maker, said it will observe a total of 59 non-working days in five plants this month.

Ashok Leyland declares 59 non-working days this month

Tata Motors and Mahindra & Mahindra have also said they are suspending automobile manufacturing in order to adjust production with market demand.

10 Sep 2019 12:47 AM

Commercial vehicles, the barometer of the economy, continued to slide in August with major automakers such as Tata Motors, Ashok Leyland, VE Commercial Vehicles and Mahindra & Mahindra reporting higher, double-digit slump in sales in August even as the government rolled out slew of measures to bail out the bleeding auto industry.

Truck sales see deep plunge in August

Sales at M&M fell 28 per cent at 14, 684 vehicles, down from 20,326 units.

04 Sep 2019 12:47 AM

Ashok Leyland Chairman Dheeraj Hinduja said the company has been able to maintain its market share despite competitive pressures in the face of rising costs of input materials and regulatory changes.

Ashok Leyland Q4 net dips 12 pc at Rs 653 crore

For 2018-19 fiscal, the firm reported a consolidated profit of Rs 2,194.6 crore as against Rs 1,813.82 crore in 17-18.

24 May 2019 5:04 PM

Passenger vehicles volumes declined 4 per cent year-on-year.

A weak earnings season ahead for auto makers

Over the quarter, the two- wheeler segment posted a volume decline of 7.5 per cent, whereas commercial vehicles were flat year-on- year.

13 Apr 2019 1:35 AM

However, revenues taken together during first three quarters of current financial year (March to December 2018) increased by 15 per cent to Rs 20,209 crore compared to Rs 17,576 crore in the corresponding period of previous year. (Photo: File)

Ashok Leyland's profit drops to Rs 381 crore in Q3 FY19 on lower sales

The flagship company of Hinduja Group had reported a net profit of Rs 485 crore in the same quarter of previous year.

15 Feb 2019 10:48 AM

Shares of the company were trading 0.11 per cent up at Rs 132.25 apiece on BSE.

Ashok Leyland wins tender for defence tracked combat vehicles

As per the scope of work, the company will collaborate with CVRDE, Chennai, for manufacture.

24 Aug 2018 10:52 AM

The company has been making a 'strong focus' on exports to de-risk from cyclicality in Indian market and to globalise the product portfolio.

Ashok Leyland to supply 300 double-decker buses to BRTC

The delivery of buses to BRTC will take place within eight months.

17 Aug 2018 12:15 PM

Hinduja Group flagship Ashok Leyland on Friday said its subsidiary Optare PLC has received order for 31 units of electric double-decker buses from Transport for London (TfL).

Ashok Leyland arm to supply electric double-decker buses in London

The order is for 31 Optare Metrodecker EV double-decker buses to be bought by Metroline which will be added to London's fleet.

10 Aug 2018 4:37 PM

Hinduja Group flagship company Ashok Leyland on Friday reported 51 per cent jump in total sales at 13,659 units in May.

Ashok Leyland sales up 51 pc in May at 13,659 units

The company had sold 9,075 units in the same month last year, Ashok Leyland said in a statement.

01 Jun 2018 3:04 PM

Hinduja Group flagship company Ashok Leyland on Friday posted 40.15 per cent increase in its profit at Rs 667.38 crore for the fourth quarter ended March 31, 2018.

Ashok Leyland Q4 net profit rises 40 per cent at Rs 667 crore

The company had reported a net profit of Rs 476.16 crore for the same period of the previous fiscal.

18 May 2018 4:24 PM

Ashok Leyland sales up 78.8 per cent in April

Hinduja Group flagship company Ashok Leyland on Wednesday reported 78.8 per cent jump in total sales.

02 May 2018 12:12 PM

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland March sales up 23 per cent at 22,453 units

Sales for its medium and heavy commercial vehicles increased by 12 per cent at 17,057 units in March.

02 Apr 2018 11:24 AM

The proposed price increase will be effective April 1, 2018.

Ashok Leyland to increase vehicle prices by at least 2 pc

Increase in price is owing to rising input costs and implementation of AIS 140 regulation.

27 Mar 2018 5:51 PM

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Syed Ata Hasnain

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