Indian head of the Hinduja Group Ashok Leyland’s shares increased by 6% on 12 February in today’s trade, 215.30, with most of the benefits that come after the company’s December quarter performance, crossing the road estimates on all criteria.
The company reported an increase of 32% YOY in its standalone net profit, Compared to 762 crores in the third quarter of current finance 575 crores in the same period last year. In the east September quarter, stood in net profit 770 crores.
The company’s standalone revenue increased by 2.7% yoy 9,478 crores, from above 9,273 crore in year-old period.
On the operating front, the company reported high Q3 Ebitda all the time Q3 recorded a double -digit percentage for the 8th consecutive quarter, with a margin at 1,211 crore, 12.8%. In the same period last year, it posted an Ebitda 1,114 crore with a margin of 12%.
The commercial vehicle manufacturer gained export volume of 4,151 units in Q3 FY25, compared to 33%against 3,128 units in the same period last year.
Commenting on the number of December quarter, Mr. Dheeraj Hinduja, Executive Chairman, Ashok Leyland said, “The steady progress we are making in profitability is supported by products that provide better performance with strong customer engagement. The sales in international markets are showing a strong growth.
He said, “We are continue to invest in battery electric and alternative fuel products to maintain our technology leadership status. The switch has a healthy order book and comes out with a series of products in the next 12 months. The plan is, “he said.
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