Tag: Ashok Leyland

Truck makers widen reach as freight spreads beyond big cities

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Truck makers widen reach as freight spreads beyond big cities

India’s commercial vehicle makers are looking beyond traditional transport hubs as freight activity expands into smaller towns and regional markets. BharatBenz’s recent dealership launch in Supaul, Bihar, reflects this shift. The four-bay 3S (sales, service and spares) facility on NH-327A will serve Supaul, Araria, Madhepura and adjoining districts, with an annual service capacity of around…

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Business

Ashok Leyland posts record Q1 earnings but higher costs squeeze margins

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Ashok Leyland posts record Q1 earnings but higher costs squeeze margins

Ashok Leyland reported record revenue and profit for the June-ended quarter with revenue from operations rising 10% year-on-year to ₹9,634 crore and net profit climbing 3% to ₹609 crore. However, higher commodity costs weighed on profitability, pulling the EBITDA margin down to 10.1% from 11.1% a year earlier despite record first-quarter commercial vehicle sales. On…

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Business

Prince of Arcot, industrialist call on Chief Minister Vijay

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Prince of Arcot, industrialist call on Chief Minister Vijay

The Prince of Arcot, Nawab Mohammed Abdul Ali, along with his family members, meeting Chief Minister C. Joseph Vijay at the Secretariat in Chennai on Tuesday. | Photo Credit: Special Arrangement The Prince of Arcot, Nawab Mohammed Abdul Ali called on Chief Minister C. Joseph Vijay at the Secretariat in Chennai on Tuesday. Mr. Ali,…

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