Auto Monthly Volume August 2024
Aug’24 Wholesale Volumes: The domestic 2W industry witnessed strong volume growth of ~9%/19% and total exports were up by 14%/2%% YoY/ MoM...
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Quarterly Flipbook: Earnings growth moderates, demand pick-up holds the key
The aggregate performance of the Q1FY25 earnings season was largely on expected lines, with wide divergences across sectors and companies
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Ashok Leyland - Margins Miss Estimates; Demand Drivers Remain Intact
Ashok Leyland’s (AL) 1QFY25 result was a miss as EBITDA margin at 10.6% (up 60bp YoY) came in lower than our est. of 12.4% largely due to one-time...
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HSIE Results Daily: ICICI Bank, Dr Reddy’s Laboratories, Ashok Leyland
ICICI Bank: ICICI Bank (ICICIBC) clocked a mild beat on the back of steady margins (-4bps QoQ) and better operating efficiency (higher non-core...
334 Views
Ashok Leyland - Expect Flattish MHCV Industry Volumes in FY25E
In Q1FY25, Ashok Leyland reported revenue in line with our estimates while EBITDA/PAT were a miss. Revenue grew by 5% YoY (down 24% QoQ), led by 6%...
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