Ashok Leyland’s revenue for the 4th quarter of 2222 rose 25 percent to 8,744 crore rupees from 7,000 crore in the 21st quarter of 2021. The company’s net profit increased many times in the 4th quarter and amounted to 901.37 billion rupees compared to 241.17 billion rupees in the IV quarter last year. EBITDA for 4 fin. 2222 also rose 8.9 percent from 7.6 percent in the 21st quarter of 2021. These are all separate rooms.
This performance was reinforced by the truck’s successful modular platform, AVTR range and the launch of the CNG line-up at ICV. Ashok Leyland’s truck market share for the 4th quarter of 2222 improved to its highest level in 11 quarters and stood at 30.6 per cent against 28.9 per cent in the fourth quarter of 2121.
Gopal Mahadevan, staff director and chief financial officer, Ashok Leyland, added that “larger volumes and our cost management initiatives have helped us improve profits. This quarter, we earned about 2,000 crore in cash thanks to improved profits and improved working capital, and we will continue to focus on efficiency. ”
Income for 22 fing. amounted to 21688 rupees against 15 301 rupees in 21 fg. PAT for 22 fing. amounted to 542 rupees from a loss of 314 rupees. For the full year, EBITDA was 4.6% compared to 3.5% last year. The money received for the year amounted to 1,888 crore rupees.
https://www.autocarpro.in/news-national/ashok-leyland-clocks-strong-profit-in-q4-on-higher-truck-volumes-81787
