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 […]
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 […]