Ashok Leyland has reported its financial results for the quarter ending September 30, 2024, highlighting a strong performance driven by operational efficiencies and strategic initiatives.
- Revenue from Operations: ₹11,147.58 crore, showing an increase from ₹10,696.80 crore in the previous quarter (Q1 FY25) and slightly down from ₹11,416.66 crore in Q2 FY24.
- Adjusted Net Profit: The company reported an adjusted net profit of ₹653 crore, after accounting for a one-time gain of ₹117 crore.
- Profit Before Tax (PBT): ₹1,078.06 crore, up significantly from ₹927.31 crore in Q2 FY24.
- Total Expenses: ₹10,314.14 crore, compared to ₹9,994.97 crore in Q1 FY25, reflecting an increase due to higher operational costs.
- EBITDA Margin: Margins remained stable, reflecting Ashok Leyland’s effective cost management and focus on maintaining operational efficiency.
This quarter’s results reflect Ashok Leyland’s commitment to enhancing profitability through optimized operations and capitalizing on favorable market conditions. The one-time gain of ₹117 crore further boosted the company’s financial performance for the quarter, contributing to the strong profit figures.
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Ashok Leyland