Ashok Leyland Q2 Results: Net Profit Jumps 37.2% to Rs 756.4 Crore, Revenue Slips 9%
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Ashok Leyland Q2 Results: Its revenue from operation during July-September 2024 falls by 9.01 per cent to Rs 8,768.83 crore, compared with Rs 9,638.04 crore in the year-ago period.
Ashok Leyland on Friday reported a 37.27 per cent jump in its net profit to Rs 756.42 crore for the second quarter ended September 2024. However, its revenue from operation during July-September 2024 fell by 9.01 per cent to Rs 8,768.83 crore, compared with Rs 9,638.04 crore in the year-ago period.
The company’s net profit had stood at Rs 561.01 crore in the corresponding period last year, according to a regulatory filing.
Following the results, Ashok Leyland’s shares were trading nearly 1.3 per cent higher at Rs 218.40 apiece on the BSE.