Ashok Leyland shown very good growth in feb 2016 in all segment.
Ashok Leyland month wise sales chart from Feb 2015 to Feb 2016. Full article with statistics is for subscriber only.
Ashok Leyland M&HCV grown 31% and LCV sales grown by 3%. Over all 25% sales growth in Feb 2016.
Monthly graph of Ashok Leyland sales from Feb 2015 to Feb 2016.
Company updates :
Ashok Leyland, flagship of the Hinduja Group, reported revenue of Rs.4085.34 Crores, against Rs.3361.00 Crores same period last year. EBITDA for Q3 is at Rs.429.72 crores, against Rs.240.21 Crores same period last year, while Profit Before Tax (PBT) is Rs.273.81 Crores, against Rs.59.39 Crores same period last year.
Net profit is at Rs.198.63 Crores against Rs.32.09 Crores, same period last year.
Speaking on the occasion, Mr. Vinod K. Dasari, Managing Director, Ashok Leyland Limited said, “With yet another successful quarter performance, Ashok Leyland is well on the path to sustained profitability. Committed to responsible growth in both topline and bottom line, we will continue to focus on the success of our customers in line with our corporate philosophy of Aapki Jeet. Hamari Jeet. Our new suite of future-ready ICV, MDV and bus products unveiled at the recent Auto Expo, are a welcome addition to our class-leading portfolio, and will provide further fillip to growth. Continued focus on R&D, new product development, network expansion, continued focus on costs, and expansion in to new international markets; along with positive domestic growth portents well for the future.”