Ashok Leyland

Ashok Leyland's Q2 Profit Declines By 93 Per Cent

Edited by Shubham Parashar | Friday November 8, 2019

Ashok Leyland has gained Rs. 46.83 crore through deferred tax which has added to its Q2PAT which stood at 39 crore. Its PBT in the same quarter stood at 19.11 crore.

Ashok Leyland Shares Tank 5 Per Cent Over Production Halt

Monday October 7, 2019

Earlier too, Ashok Leyland had announced 16 non-working days for its facility in Ennore, five days at Hosur, Tamil Nadu unit, 10 days each in Alwar, Rajasthan and Bhandara, Maharashtra unit and 18 days in Pantnagar, Uttarakhand facilities

Workers Hit Hard By Ashok Leyland's Shutdown

Business | J Sam Daniel Stalin | Wednesday September 11, 2019

Ashok Leyland's combined sale declined by 50 per cent in August with a total sale of 8,296 vehicles against 16,628 vehicles sold in August last year.

Millennials Prefer Ola, Uber To New Cars: Finance Minister On Auto Crisis

India News | Edited by Chandrashekar Srinivasan | Wednesday September 11, 2019

Nirmala Sitharaman said millennials' preference for Uber and Ola cabs over committing money to EMIs for new cars had contributed to the slowdown of the auto sector, which has also seen a 70 per cent drop in sales for truck maker Ashok Leyland

Ashok Leyland To Observe Non-Working Days In September Following Weak Demand

Edited By Sameer Contractor | Monday September 9, 2019

India's second-largest commercial vehicle manufacturer, Ashok Leyland has announced that the company will be observing non-working at its five plants in September. In a regulatory filing, the Hinduja Group company stated that the Ennore plant will have 16 non-working days, Hosur 1, 2 and CPPS will have five non-working days; while the Alwar and Bha...

Ashok Leyland Declares "Non-Working Days" Citing Weak Demand, Shares Fall 3%

Business | Edited by Sandeep Singh | Monday September 9, 2019

Ashok Leyland shared details of a total 59 "non-working days" at its plants located in Ennore, Hosur, Alwar, Bhandara and Pantnagar.

Ashok Leyland Denies Report Of Five Non-Working Days At Chennai Plant

Business | Edited by Sandeep Singh | Friday September 6, 2019

The development comes as the country's auto sector is struggling against a slump in sales and lakhs of estimated job cuts.

Auto Stocks Extend Losses On Weak Sales Numbers, Tata Motors Dips Over 5%

Business | Anshul | Wednesday September 4, 2019

Shares in Ashok Leyland, Tata Motors, Maruti Suzuki and Mahindra & Mahindra declined as much as 6.42 per cent, 5.45 per cent, 3.78per cent and 2.38 per cent respectively, and were the top losers on the Nifty Auto index.

Ashok Leyland Launches Oyster Bus In India

CarAndBike Team | Friday July 26, 2019

The Ashok Leyland Oyster provides wide reclining seats with arm rest and there are mobile charging points, integrated AC Louvers with reading lamp and side luggage booth provided for customers.

Ashok Leyland Ready To Ride On Elon Musk's India Dream

IANS | Monday May 20, 2019

Tesla CEO Elon Musk who has been moving back and forth on his India dream for couple of years and unable to take the next big step now has an invitation from commercial vehicles major Ashok Leyland. Musk wants to make India his next big market but the question lingers: Will the electric car ever run on the bumpy 'desi' roads? According to Venkatesh...

Royal Enfield Appoints Vinod Dasari As CEO

CarAndBike Team | Tuesday April 2, 2019

Vinod Dasari has been appointed as the new CEO of Royal Enfield. He will be replacing Siddhartha Lal, who will continue to be the MD for the company. Prior to joining Royal Enfield, Vinod Dasari was the CEO and MD of Ashok Leyland since 2011.

Ashok Leyland Posts Rs 381 Crore Profit In December Quarter

Business | Thomson Reuters | Thursday February 14, 2019

Analysts on average had expected the company to post a profit of Rs 276 crore, according to Refinitiv data.

Ashok Leyland Bags Orders For 2580 Buses From State Transports

CarAndBike Team | Wednesday January 9, 2019

In one of the single largest orders from State Transport Undertakings for a single OEM, Ashok Leyland has bagged an order to supply 2580 buses. The buses have been ordered by the Institue of Road Transport (IRT), Chennai; Uttar Pradesh State Roadways Transport Corporation (UPSRTC), and Chandigarh Transport Undertaking (CTU). The company says that a...

Ashok Leyland Profit At 460 Crore Rupees In Q2, Misses Street Estimates

Business | Thomson Reuters | Tuesday November 13, 2018

Profit was Rs 460 crore ($63.32 million) in the quarter ended September 30, compared with Rs 334 crore a year earlier, Ashok Leyland said.

Ashok Leyland’s Sales Grow By 26% In September 2018

CarAndBike Team | Monday October 1, 2018

Ashok Leyland has sold 94,086 units from April to September 2018 which shows a growth of 35 per cent when compared to the same period last year.