Ashok Leyland and Voltas report strong earnings
after close1 source ↓written by the desknot a recommendation
- and profit
- ₹9,634 crore
- and profit
- ₹609 crore
- increase in profit
- 52.2%
- in profit
- ₹214 crore
The week ended positively for Ashok Leyland and Voltas, both reporting impressive earnings. Ashok Leyland achieved record revenue of ₹9,634 crore and profit of ₹609 crore, while Voltas saw a 52.2% increase in profit to ₹214 crore. In contrast, Natco Pharma faced challenges, reflecting a tougher day for the pharma sector.
• Ashok Leyland: Record revenue, new high in commercial vehicle volumes
• Voltas: Profit growth of 52.2%
• Natco Pharma: Struggles in the market
These results may influence market sentiment in the auto and consumer durables sectors.
Not investment advice. For informational purposes only.