Ashok Leyland Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 110,448.1 million compared to INR 103,534.3 million a year ago. Revenue was INR 111,194.5 million compared to INR 104,303.9 million a year ago. Net income was INR 5,602.1 million compared to INR 3,190.4 million a year ago. Basic earnings per share from continuing operations was INR 1.91 compared to INR 1.09 a year ago. Diluted earnings per share from continuing operations was INR 1.91 compared to INR 1.09 a year ago.
For the nine months, sales was INR 320,712.4 million compared to INR 283,409.5 million a year ago. Revenue was INR 323,179.3 million compared to INR 285,502.1 million a year ago. Net income was INR 16,301.1 million compared to INR 4,882.8 million a year ago. Basic earnings per share from continuing operations was INR 5.55 compared to INR 1.66 a year ago. Diluted earnings per share from continuing operations was INR 5.54 compared to INR 1.66 a year ago.