At the end of fiscal year 2019, the return on equity of Ashok Leyland was about 24 percent. This was projected to reduce to about 16 percent by fiscal year 2021. The company was the second largest manufacturer of commercial vehicles in India and the fourth largest bus manufacturer worldwide. It became the first Indian commercial vehicle manufacturer to get the certification of the latest emission standards (to be implemented in April 2020) for its full range of heavy duty trucks.
Return on equity of Ashok Leyland from financial year 2017 to 2019, with estimates until 2021
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Nalanda Securities. (May 25, 2019). Return on equity of Ashok Leyland from financial year 2017 to 2019, with estimates until 2021 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1069177/india-ashok-leyland-roe/
Nalanda Securities. "Return on equity of Ashok Leyland from financial year 2017 to 2019, with estimates until 2021." Chart. May 25, 2019. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1069177/india-ashok-leyland-roe/
Nalanda Securities. (2019). Return on equity of Ashok Leyland from financial year 2017 to 2019, with estimates until 2021. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1069177/india-ashok-leyland-roe/
Nalanda Securities. "Return on Equity of Ashok Leyland from Financial Year 2017 to 2019, with Estimates until 2021." Statista, Statista Inc., 25 May 2019, https://www.statista.com/statistics/1069177/india-ashok-leyland-roe/
Nalanda Securities, Return on equity of Ashok Leyland from financial year 2017 to 2019, with estimates until 2021 Statista, https://www.statista.com/statistics/1069177/india-ashok-leyland-roe/ (last visited December 23, 2024)
Return on equity of Ashok Leyland from financial year 2017 to 2019, with estimates until 2021 [Graph], Nalanda Securities, May 25, 2019. [Online]. Available: https://www.statista.com/statistics/1069177/india-ashok-leyland-roe/
