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Ashok Leyland Ltd. reported wholesome leads to This fall FY22.
Standalone working revenue got here in at Rs 8,744 crore (up 58% QoQ). Complete volumes for the quarter have been at 48,719 models, up 43% sequentially with common promoting costs for the quarter coming in at Rs 17.9 lakh/unit, up 10.5% QoQ.
Medium and heavy business car volumes within the whole gross sales quantity combine (~66% in This fall FY22 versus ~57% in This fall FY22).
Ashok Leyland’s Ebitda for the quarter got here in at Rs 776 crore with corresponding margins at 8.9%, up 483 foundation factors QoQ.
Gross margin declined was restricted to ~30 bps QoQ however working leverage advantages lifted blended margin.
Consequent reported revenue after tax was at Rs 901.4 crore. Revenue after tax for the quarter was supported by distinctive one-time positive factors of Rs 470.3 crore. Adjusted revenue after tax for the quarter was at Rs 477 crore.
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