Ashok Leyland tightens costs, steps up overseas expansion
New Delhi, May 29 -- Ashok Leyland is tightening costs, reinforcing supply chains and accelerating its overseas push, including into Indonesia and other Asean (Association of South-east Asian Nations) markets, betting on operational discipline to sustain growth after a year of double-digit earnings expansion, according to top company executives.
India's third-largest commercial vehicle firm reported a 10% year-on-year rise in net profit to Rs.3,721 crore and a 16% increase in revenue to Rs.56,362 crore for FY26. In the war-hit January-March quarter (Q4FY26), net profit rose 11% to Rs.1,381 crore while revenue increased 17% to Rs.14,695 crore. Volumes supported the performance. Truck and bus sales rose 12% to 126,745 units, while light commercial vehicle volumes increased 18% to 74,448 units in FY26.
Managing costs and supply-chain resilience is now central to the company's approach after the pandemic-led disruption, said Dheeraj Hinduja, chairman of Ashok Leyland, in a post-results interaction with Mint.
"Post-covid, we realized that we need to have a supply chain that is able to support us, come what may, in terms of the different scenarios that we might face. So from that perspective, I think there was good learning from the past," Hinduja said....
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.