Representative image 
Business

Ashok Leyland Q4 net profit surges to Rs 901 crore

PBT for the quarter was at Rs 999 cr as against Rs 314 cr for the same period last year. The company’s PAT was at Rs 901 cr compared to Rs 241 cr in Q4 last year.

DTNEXT Bureau

CHENNAI: Ashok Leyland Limited, flagship of the Hinduja Group, reported a revenue of Rs 8,744 cr in Q4 FY’22 as against Rs 7,000 cr for the same period last year; Revenue grew by 25% year on year. PBT for the quarter was at Rs 999 cr as against Rs 314 cr for the same period last year. The company’s PAT was at Rs 901 cr compared to Rs 241 cr in Q4 last year. Q4 EBITDA was at 8.9% as against 7.6% last year. AL’s truck market share for Q4 FY’22 has improved to 30.6% vis-a-vis 28.9 % in Q4 FY’21, this is the highest market share seen in the last 11 quarters.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

CM Stalin flags shortfall in Railway funds, projects for TN; seeks PM Modi’s intervention

AIADMK reduced to NDA’s tail, no longer a party: Sengottaiyan

Tamil Nadu: Udangudi thermal plant trial operations begins

EPS seeks release of Mettur water for standing Delta crops

Tamil Nadu: Honest cleanliness worker returns lost wedding jewellery worth lakhs