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Ashok Leyland's telematics is a next gen solution

By Shine Jacob Ashok Leyland, the flagship company of the Hinduja group and the second-largest manufacturer of commercial vehicles in India, is all set to extend the data available from its real-time monitoread connected network of 200,000 vehicles to insurance players and financiers for making it advantageous for consumers. As a first step, the company
Mahesh Babu Atmanirbhar Bharat Shenu Agarwal Ashok Leyland Uptime Solution Center Hinduja Leyland Finance

Ashok Leyland tumbles after weak Q3 result

Ashok Leyland slumped 4.15% to Rs 129.40 after the company posted a standalone net loss of Rs 19.38 crore in Q3 FY21 as against net profit of Rs 27.75 crore in Q3 FY20.The profit was impacted by a one-time expenditure of Rs 85 crore in Q3 FY21 towards a voluntary retirement scheme (VRS). Net sales jumped 20.5% to Rs 4,789.82 crore in Q3 FY21 over Q3 FY20. The result was announced after market hours yesterday, 11 February 2021. The commercial vehicle maker posted a pre-tax loss of Rs 18.25 crore...
Vipin Sondhi Ashok Leylands Gopal Mahadevan Power Solutions Ashok Leyland Total Industry Volume

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