सविस्तर माहितीसाठी इकॉनॉमिक टाइम्स मधील बातमी वाचावी.

Ashok Leyland ended FY17 on a strong note, delivering better than estimated financials for the quarter ended March. The strong results saw the stock gain 4.6 per cent in trade on Thursday.

Boosted by higher volumes and realisations, net sales at Rs 6,618 crore were up 11 per cent over the year-ago quarter and better than the consensus estimate of Rs 6,515 crore.

A major part of the volume gain came from the medium and heavy commercial vehicle (M&HCV) segment, which grew by nearly 10 per cent. Light CVs, lagging, were up two per cent. The higher M&HCV volumes were largely due to the pre-buying of BS-III emisison standard vehicles in March, with the company selling about 15,000 units, highest for a month in a little over two years.

via Ashok Leyland seems in top gear with market share, margin gains | Business Standard News