NIFTY 50

Ashok Leyland Q1FY21 Earnings: Here’s what to expect today

Updated : August 12, 2020 09:20 AM IST

Commercial vehicle company Ashok Leyland is set to release its first-quarter earnings today. A weak set of numbers is expected for the company this quarter.

Factors to watch:
  • Washout quarter expected.
  • The commercial vehicle sector has been the worst hit in the pandemic.
  • Lockdown hit commercial vehicle demand significantly.
  • Q1 volumes at 3,814 units; down 90 percent YoY, 85 percent QoQ.
  • Average selling price to remain flat due to price increase due to BS-VI transition.
  • Expected to report an EBITDA loss and a net loss this quarter.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you