Business

Ashok Leyland's Q3 Profits Surge by 31% Thanks to Robust Export Growth

Ashok Leyland Reports Significant Profit Increase

Ashok Leyland, a leading name in the automotive sector, has announced a remarkable 31% increase in its standalone Q3 net profit, reaching Rs 762 crore. This is a significant jump from Rs 580 crore reported in the same quarter last year. The surge in profits is attributed to the company's strong performance in the export market.

Ashok Leyland profit rises 31% on exports

Export Volume Growth

The company's export volume saw a 33% growth, with 4,151 units shipped in Q3 compared to 3,128 units a year ago. This growth in exports has been a key driver behind the company's increased profitability, showcasing its strong presence and demand in international markets.