No impact of elections on sales, expect robust FY25: Ashok Leyland
₹2,696 crore for the fiscal year, nearly double compared to the preceding year. Revenue grew 10% to ₹45,791 crore.Consolidated EBITDA grew 56% on-year to ₹7,944 crore.
EBITDA margin expanded to 17.3% from 12.2% in the previous year.For the final quarter of fiscal 2024, the company reported a 17% year-on-year growth in consolidated profit to ₹934 crore.Revenue grew 3% to ₹13,578 crore and Ebitda grew by a third to ₹ 2,603 crore. The company reported a consolidated EBITDA margin of 19.2% for the quarter.During FY25, the company plans to spend ₹500-700 crore on capital expenditure.
The number was just under ₹500 crore for the past year.The company remains bullish on market share gains during the year and plans to launch a new product every second month starting May. Milestone Alert!
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