The company’s board has approved issue of bonus equity shares in the ratio 1 : 1. The company will inform the record date in due course.
The profit after tax (PAT) increased by 63% on a sequential basis over Rs 762 crore reported in Q3FY25 while the revenue was up 26% versus Rs 9,479 crore in the October-December quarter of FY25.
The Indian flagship of the Hinduja Group said that the company delivered highest-ever quarterly and annual revenues and Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA). Its EBITDA witnessed a 15% growth for Q4 FY25 at Rs 1791 crore compared to Rs 1,592 crore for the same period last year.
The earnings were announced during market hours and Ashok Leyland shares fell 4% from the day’s high to hit the day’s low of Rs 235.14 on the NSE.
More to come…