Company Profile For Ashok Leyland Limited

Ashok Leyland Limited (ASOK.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Auto & Truck Manufacturers ·

As of 26 Nov 2009

51.10INR

Price Change

-0.70

Percent Change

-1.35%

Analyst Recommendations

Overview

Ashok Leyland is an India-based company engaged in the manufacturing of commercial vehicles and related components. The Company’s products range from 18 seater to 82 seater double-decker buses, from 7.5 tons to 49 tons in haulage vehicles, from special application vehicles to diesel engines for industrial, marine and genset applications. Its product categories include buses, trucks, engines, and defence and special vehicles. It offers bus models, such as compressed natural gas (CNG), double decker and vestibule bus. It also offers trucks and tractor-trailers. In addition, the Company offers diesel engines for industrial, genset and marine applications. It offers logistic vehicles to the Indian army.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Ashok Leyland Limited's revenues decreased 52% to RS9.12B. Net income decreased 84%% to RS77.7M. Revenues reflect a decrease in operations. Net income also reflects a significant increase in purchase of traded goods, an rise in financials expenses and lower operating margins. Ashok Leyland, a flagship company of The Hinduja Group, is engaged in manufacturing & marketing of commercial vehicles