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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
Commercial vehicle manufacturer Ashok Leyland Ltd. has unveiled its next wave of ‘Digital Nxt’ solutions comprising of iALERT 3.0, Uptime Solution Center and AL Care, that lowers total cost of operati
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 in Q3 FY21 as against a pre-tax profit of Rs 54.17 crore in Q3 FY20. The company reported an EBITDA...