Ashok Leyland, the flagship institution of the Hinduja Group, reported robust fiscal show for Q2FY25, driven by beardown operational ratio and improved marketplace dynamics. The institution posted a consolidated nett net of Rs 766.55 crore, marking a important 37 per cent summation compared to Rs 550.65 crore successful the aforesaid 4th past year. Consolidated full income roseate to Rs 11,261.84 crore, up 4 constituent 7 per cent year-on-year (YoY).
Consistent double-digit EBITDA maturation continues
The dense commercialized conveyance shaper achieved an EBITDA of Rs 1,017 crore, with an EBITDA borderline of eleven constituent six per cent. This marks the seventh consecutive 4th of double-digit EBITDA, underlining the company’s beardown absorption connected outgo absorption and premium merchandise offerings.
Maintains beardown marketplace share; declares interim dividend
Ashok Leyland held dependable with a marketplace stock exceeding 31 per cent successful the home mean and dense commercialized conveyance (M&HCV) segment. Reflecting assurance successful its fiscal health, the Board approved an interim dividend of Rs 2 per share. The company’s beardown currency travel and profitability are expected to prolong dividend payouts successful the coming quarters.
The institution reported a fourteen per cent emergence successful planetary sales, selling 3,310 units successful cardinal markets specified arsenic SAARC, the Middle East, Africa, and Asia. Ashok Leyland expanded its offerings crossed Tipper, Bus, Haulage, and Light Commercial Vehicle segments, further strengthening its merchandise portfolio. Additionally, Switch Mobility, its electrical conveyance subsidiary, secured a promising bid publication nearing 2 1000 buses, reflecting the increasing request for sustainable transport solutions.
Outlook affirmative connected rising request and diversification
Ashok Leyland’s diversified concern segments, including defence, powerfulness solutions, and aftermarket services, continued to execute well. The institution aims to leverage its technological capabilities and outgo enactment to seizure caller marketplace opportunities. With investments successful alternate substance products and a beardown organisation network, the outlook for the remainder of FY25 remains optimistic.