Ashok Leyland Shares In Fast Lane On Q4 Margin Beat | Mint - Mint

Ebitda margin widened at a time when gross margin fell 135bps. Amid the high inflationary environment, Ashok Leyland implemented cost control measures. Other expenses, as a percentage of sales, declined to 8% from nearly 10% in Q4FY21. Also, employee costs as…

Ashok Leyland Ltds shares rose more than 5% in opening deals Friday on the National Stock Exchange, as investors cheer the companys better than expected March quarter (Q4FY22) results. The automaker… [+1910 chars]

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