Ashok Leyland Q3 Results: Profit jumps 36% to Rs 762 crore; stock hits new high

Ashok Leyland reported a beardown show successful Q3 FY25, with nett net surging 36 per cent year-on-year (YoY) to Rs 761.92 crore, up from Rs 560.21 crore successful the aforesaid play past year. The company’s gross from operations besides saw an 8 per cent YoY increase, reaching Rs 11,995 crore successful the October-December quarter.

Stock rallies 7 per cent to caller high

Following the upbeat results, Ashok Leyland shares surged 7 per cent connected the BSE during Friday’s intraday trade, hitting a caller precocious of Rs 248.8. Heavy volumes and beardown capitalist sentiment fueled the rally, arsenic the company’s financials reflected resilience contempt broader marketplace volatility.

Steady gross maturation amid manufacture challenges

Ashok Leyland’s gross maturation of 8 per cent indicates sustained request for its commercialized vehicles, contempt macroeconomic challenges. The institution has been focusing connected expanding its merchandise portfolio and strengthening its marketplace position, contributing to accordant gross performance.

Outlook remains positive

Analysts judge Ashok Leyland is well-positioned for aboriginal growth, backed by beardown request successful the commercialized conveyance sector. The company’s strategical initiatives, merchandise launches, and operational efficiencies are expected to enactment its maturation trajectory successful the coming quarters.

With the banal hitting a caller precocious and the institution delivering coagulated earnings, Ashok Leyland remains a cardinal subordinate to ticker successful the automobile sector.

More to come...