Home / Companies / Results / Ashok Leyland posts Rs 199 crore net profit in Q2, revenue up 85% YoY

Ashok Leyland posts Rs 199 crore net profit in Q2, revenue up 85% YoY

The company has also achieved a market share of 32 per cent in Q2FY23

Ashok Leyland undertakes cost cutting measures to save Rs 500 crore

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The revenues for the quarter stood at Rs 8,266 crore against Rs 4,458 crore during the July to September quarter of 2021-22

Shine Jacob Chennai

2 min read Last Updated : Nov 12 2022 | 12:53 AM IST

Ashok Leyland, the flagship company of the Hinduja Group, has posted a net profit of Rs 199 crore during the second quarter of the financial year 2022-23, compared to a loss of Rs 83 crore during the same period last year.

The company has also achieved a market share of 32 per cent in Q2FY23. The revenues for the quarter stood at Rs 8,266 crore against Rs 4,458 crore during the July to September quarter of 2021-22.

Ashok Leyland's domestic MHCV (medium and heavy commercial vehicles) volume during the quarter under review was seen at 25,475 units, up 113 per

Topics : Ashok Leyland Q2 results automotive industry Hinduja Group commercial vehicle financial year EBITDA company Ashok Leyland Auto Ashok Leyland sales up

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