Ashok Leyland margin a show stopper in Q3
The company saw a significant year-on-year jump of 400 bps in gross margin aided by higher cost savings amid softening commodity costs, leading to a 2.7% drop in raw material costs.
Source: livemint.com
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Ashok Leyland Electric Trucks: Ashok Leyland hands over keys of 14T Boss Electric truck to Billion E-Mobility, ET Auto
Ashok Leyland Electric Trucks: Ashok Leyland has begun delivering its electric trucks, with the keys of the 14T Boss Electric Truck handed over to Billion E-Mobility at an event in New Delhi. The company's Managing Director and CEO, Shenu Agarwal, stated that this delivery marks a significant milestone towards sustainable transportation. Ashok Leyland also showcased its future-ready vehicles at the Bharat Mobility Global Expo, including a Hydrogen Fuel Cell Bus, LNG Tractor, EV Tractor, and Electric LCVs. Billion E-Mobility expressed gratitude for the quick delivery of the technologically adva...
Source: indiatimes.com