Ashok Leyland Q3 Results 2024 Net Profit, Revenue, And Sales Report

Ashok Leyland is going to release its quarter 3 results today. Everyone is waiting for the Ashok Leyland Q3 results 2024. The company deals in defense logistics and tactical vehicles. Many predictions mention the result to be positive for the quarter. However, there are not many details about the exact numbers yet. Ashok Leyland is likely to grow 45% in profit. It specializes in commercial vehicles like trucks and buses. Ashok Leyland provides defense logistics and vehicles like buses and trucks. It is located in Chennai, India. The expectations from the company are said to be for Rs. 525 Crore standalone net profit for Q3. It is around 45% growth in the company YoY basis.

Ashok Leyland Q3 Results 2024

Ashok Leyland q3 results are to be announced today by the evening. Ashok Leyland has worked on a lot of factors for the improvement. Apart from net profit, the company expects EBITDA growth every quarter. The share price for the company is said to be Rs. 179.30 per share. It went up by 3.02% on Monday. Ashok Leyland expects the shares to grow up to Rs. 200 in a few days.

Ashok Leyland made a revenue of Rs. 11429.04 Crore in the previous quarter with a gross profit of Rs. 3993.67 Crore. The net income for the company is said to be Rs. 526.01 crore. The chances are that the company will maintain the same profit for the quarter as in the previous quarter. Ashok Leyland will release the results today for quarter 3 FY 2024.

The company has been running since early Independent India’s time. It was founded in 1948 with its original name Ashok Motors. The company is maintaining its stability in QoQ base growth on a YoY basis. Ashok Leyland will have an estimated growth of 45% in the quarter as per the analysts. Ashok Leyland maintained a healthy balance sheet. We will share will updates about the quarter results as soon as the company updates.

Other companies like Bharti Airtel also released its quarter results yesterday. The company expects to have a market cap of Rs. 52.61 thousand with a dividend yield of 1.45%. The shares opened at Rs. 175.90 with a previous close of Rs. 174.05. The all-time high for the share was Rs. 191.50. We hope you get enough details about Ashok Leyland’s upcoming Q3 results in 2024. Stay tuned for more information on our website. 

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