Ashok Leyland Q1 results show revenue fell from 13233.16 crores to 9735.45 crores, a 26.43% decrease in growth. EPS rise from ₹2.56 to ₹1.85, down by -27.73%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Ashok Leyland shared its Q1 results on Friday. They earned 9735.45 crores in revenue this quarter, but that’s less than the 13233.16 crores they made last quarter. Unfortunately, the company’s growth decreased by 26.43 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 543.89 crores, down from 752.53 crores in the previous quarter. Their quarter-to-quarter growth decreased by -27.73 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹1.85, which is a decrease of -27.73% from the ₹2.56 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 9735.45 crores this year (2023), which is 14.54 percent higher than last year’s total revenue of 8499.54 crores.
This year’s PAT (Profit After Tax) is 543.89 crores, which is also 10,104.32% higher than last year’s PAT of 5.33 crores.
The EPS (Earnings Per Share) for this year is ₹1.85, which is 9,150.00% more than the EPS of ₹0.02 earned last year.
Ashok Leyland Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Ashok Leyland :
Ashok Leyland, a renowned Indian multinational automotive manufacturer, has its headquarters situated in Chennai. The company is a part of the Hinduja Group and was originally established in 1948 under the name “Ashok Motors.” Later, in the year 1955, it transformed into the well-known entity we recognize today as Ashok Leyland.
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