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Ashok Leyland Q4 net profit rises 20% to Rs 900 cr

Ashok Leyland Q4 net profit rises 20% to Rs 900 cr
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Ashok Leyland appoints KM Balaji as chief financial officer

Ashok Leyland appoints KM Balaji as chief financial officer
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From Ashok Leyland to VECV, busmakers sales entered the fast lane in 2023

The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement. Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in sales of medium and heavy commercial vehicle (MHCV) buses during the April-to-December period of 2023 to 11,216 units. Volvo Eicher Commercial Vehicles (VECV) posted 24.7 per cent sales growth between April and December for light and medium-duty buses, and 36.9 per cent growth for heavy-duty buses.

Global Electric Bus Market Report 2023-2030: Lithium Nickel

Ashok Leyland Ltd Q1FY24 consolidated PAT falls QoQ to Rs 543 89 crores

Ashok Leyland Ltd Q1FY24 consolidated PAT falls QoQ to Rs 543 89 crores
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