Tag: InvestorNews
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Ashok Leyland Bags ₹345.58 Crore Tamil Nadu Contract for 1,475 Bus Chassis, Announces Russian Subsidiary Liquidation
Ashok Leyland has secured a ₹345.58 crore contract from the Tamil Nadu State Transport Corporation to supply 1,475 BSVI Diesel Passenger Bus Chassis. The company also announced the voluntary liquidation of its Russian subsidiary, LLC Ashok Leyland Russia. With a 37% year-on-year rise in net profit for Q2FY25, Ashok Leyland continues to strengthen its market position in India and globally.