Page 15 - Ashok Leyland

Ashok Leyland slips 7% after standalone profit before tax slumps 97% in Q2

Early this month, Ashok Leyland said it would observe non-working days ranging from 0-12 days during month of November 2019.

Ashok Leyland's Q2 pre-tax profit down 97% as sales volumes take a beating

Total income declined 48% to Rs 3,975 cr; company cites 53% drop in industry volumes

Ashok Leyland inducts Marico chief and former JCB India MD into Board

Saugata Gupta of Marico to be independent director, while Vipin Sondhi, formerly of JCB, will join Hinduja Group's leadership team

We're expecting CV mkt to revive strongly: Ashok Leyland's Dheeraj Hinduja

In core areas like modular vehicles, BS VI and a new LCV platform, we have not slowed.

We'll be better placed in future downturns: Ashok Leyland Chairman

Dheeraj Hinduja is positive the bad times are over and hopes to see his company become a top-10 CV player going forward

Ashok Leyland displays BS-VI vehicles, says trucks are first to meet norms

The firm has evolved an indigenous mid-NOx technology for BS-VI vehicles, will also introduce a Modular Vehicle Platform to meet the diverse needs of customers

Ashok Leyland to observe up to 12 non-working days during November

Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes

Auto slowdown: Ashok Leyland M&HCV domestic sales drop by 50% in October

The biggest drop was in trucks, whose sales declined by 59 per cent to 3,335 units in October from 8,124 units in the same month a year ago

Auto slowdown: Ashok Leyland declares no production from October 2 to 15

The firm's sales declined across categories in September

Ashok Leyland's domestic sales drop 57% in September to 7,851 units

Domestically, sales of medium and heavy commercial vehicles (M&HCV) slumped 69 per cent to 4,035 units from the 13,056 in the past year

Auto slowdown: Ashok Leyland declares non-working days across units in Sept

Ashok Leyland has agreed to give 5.42% of the profit of 2018-19 as bonus to employees

Ashok Leyland hopeful of settling bonus talks with employees' union

Union has earlier demanded 10% payout, but company stood firm on its offer of 5% and at the end of talks, both parties agreed to 5.423%

Ashok Leyland sheds 3% as it declares non-working days across units

The company's Pantnagar plant will have as many as 18 non-working days in September, while the Ennore unit would have 16.

Ashok Leyland declares 5-day holiday for Ennore plant from Sept 6

The company this week reported a 70 per cent drop in M&HCV truck sales in the domestic market during the month of August

Ashok Leyland cracks 6% as truck sales plunge in August

It sold 3,336 units of M&HCV trucks in August as compared to 11,135 units, a year ago.

Top 10 biz headlines: Truck sales fall 60%, GST cut for hybrid cars & more

From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news

Ashok Leyland meets BS-VI emission norms for all its heavy-duty vehicles

Company claims it is the first OEM to achieve this goal, way ahead of the April 1, 2020 deadline; LCVs and ICVs to follow suit shortly

Ashok Leyland truck sales drops 70% in Aug; total M&HCV sales slide 63%

Light commercial vehicle sales dropped by 12% to 3,711 units in August 2019

Ashok Leyland plans to invest Rs 70 crore to set up Africa unit

Presently 24th in global ranking, it aims to be among the top 10 in about nine years

Ashok Leyland unveils severance schemes as staff protest continues

Union sources said if the management does not take a call on the issue 'amicably' they would be forced to intensify their stir next week by going on a hunger strike