FEBRUARY 2017
| Feb’17 | Feb’16 | % | Apr’16-Feb’17 | Apr’15-Feb’16 | % | ||
| M&HCV | Sales | 11,329 | 10,801 | 5 | 98,038 | 96,522 | 2 |
| LCV | Sales | 2,738 | 2,605 | 5 | 28,346 | 27,233 | 4 |
| TOTAL SALES | 14,067 | 13,406 | 5 | 126,384 | 123,755 | 2 | |
Ashok Leyland
Ashok Leyland and IIT Madras sign an MOU for sponsoring ‘Centre of Battery Engineering’
· IIT Madras is the first institution to set up such an initiative to develop the Electric Mobility ecosystem in India with industry participation · The objective of this MOU is to promote R&D activities for strengthening […]
Ashok Leyland
Ashok Leyland sales up 10%, Net Profit grows 101%
Ashok Leyland, flagship of the Hinduja Group, reported revenue of Rs.4258.84 Crores (Rs.3883.13 Crores) for the quarter ended 30th June 2016 reporting a growth of 10%. Profit After Tax (PAT) was Rs. 290.78 Crores (Rs.144.50 […]
Automotive Sector
Emkay Global Financial Services Limited | Automobiles Sector Update; 2Ws recover gradually; Pre buying impact on CV not significant
In March’17, most OEMs including Royal Enfield, Ashok Leyland and M&M (FES) reported better than expected numbers while Tata Motors CV and M&M PV posted a muted performance. We believe the impact of demonetization on […]