Ashok Leyland: revenue 2023

At the end of fiscal year 2023, the revenue of Ashok Leyland reached 361 billion Indian rupees. 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, implemented in April 2020, for its full range of heavy duty trucks.

Revenue of Ashok Leyland Limited from financial year 2010 to 2023 (in billion Indian rupees)

Characteristic	Revenue in billion Indian rupees
FY 2023	361.44
FY 2022	216.88
FY 2021	153.01
FY 2020	174.67
FY 2019	290.55
FY 2018*	266.33
FY 2017	214.53
FY 2016	199.93
FY 2015	144.86
FY 2014	105.61
FY 2013	132.99
FY 2012	137.21
FY 2011	121.53
FY 2010	78.73

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Release date

June 2023

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Region

India

Survey time period

FY 2010 to FY 2023

Supplementary notes

*In accordance with the combination of three wholly owned company subsidiaries along with the company itself.

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of Sept. 2023).

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

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