Ashok Leyland has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 60.52% rise in net profit at Rs 580.03 crore for the third quarter ended December 31, 2023 as compared to Rs 361.34 crore for the same quarter in the previous year. Total income of the company increased by 2.67% at Rs 9,303.04 crore for Q3FY24 as compared Rs 9,061.26 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 73.36% rise in its net profit at Rs 608.85 crore for Q3FY24 as compared to Rs 351.21 crore for the same quarter in the previous year. Total income of the company increased by 6.61% at Rs 11,119.45 crore for Q3FY24 as compared Rs 10,430.39 crore for corresponding quarter of the previous year.