Sharing Your Passion
Ashok Leyland, a brand which reminds that 70 million passengers travel on its buses in a day. A brand which claims that eight out of ten metro state transport busses in India are from the same company. The company manufactures a wide range of products, from 18 seater to 82 seater double decker buses, from 7.5 tonne to 49 tonne in haulage vehicles, from numerous special application vehicles to diesel engines for industrial, marine and genset applications.
Quick Facts
| Founder |
Mr. Raghunandan Saran |
| Year of Establishment |
1955 |
| Industry |
Manufacture of Commercial Vehicles |
| Business Group |
Hinduja Group |
| Listings & its codes |
BSE: 500477 |
| Collaborations |
- Land Rover Leyland International Holdings Ltd. (LRLIH) - UK
based, jointly with IVECO. Hinduja Group is 100% holder of LRLIH
since July 2006.
- In-house R&D with world leaders such as Hino Motors and
ZF.
|
| Head Office |
19, Rajaji Salai
Chennai 600 001
India
Tel.: +(91)-(44)-25342141
Fax: +(91)-(44)-25342493 |
| Website |
www.ashokleyland.com |
Products
- Buses
- Trucks
- Defence & Special Vehicles
- Engines
Financial Results
Rs. in millions
|
2005-2006 |
2004-2005 |
| Profit before tax |
4,523.00 |
3,550.10 |
| Less: Provision for taxation |
1,249.80 |
836.00 |
Add: Transfer from/(to):
Debenture
redemption reserve
Balance profit
from last year
General
Reserve |
68.33
1,784.13
(1,000.00) |
89.17
1,339.24
(1,000.00) |
| Profit available for appropriation |
4,125.66 |
3,142.51 |
| Appropriation: |
|
|
| Proposed dividend |
1,597.86 |
1,189.29 |
| Tax on dividend |
224.10 |
169.09 |
| Balance profit carried to Balance sheet |
2,303.70 |
1,784.13 |
| Basic Earnings per Share (Face Value Re.1/-) |
2.74 |
2.28 |
Milestones
| 1966 |
Introduced full air brakes |
| 1967 |
Launched double-decker bus |
| 1968 |
Offered power steering in commercial vehicles |
| 1979 |
Introduced multi-axle trucks |
| 1980 |
Introduced the international concept of integral bus with air
suspension |
| 1982 |
Introduced vestibule bus |
| 1992 |
Won self-certification status for defence supplies |
| 1992 |
Launched vestibule buses |
| 1993 |
Received ISO 9002 |
| 1997 |
India's first CNG powered bus joined the BEST fleet |
| 2001 |
Received ISO 14001 certification for all manufacturing units |
| 2002 |
2002 Launched hybrid electric vehicle |
Company Flashback
Ashoke Leyland has been the technology leader in the country's commercial vehicle industry for more than five decades. It has moulded India's commercial vehicle profile with technologies and product ideas that have become the industry norms.
The company was taken shape when Pandit Jawaharlal Nehru, the then and first Prime Minister of India, persuaded an industrialist, Mr. Raghunandan Saran to manufacture automotive. In 1948 the concept was implemented in Madras for the assembly of Austin Cars. It was known as British Leyland. Soon, in 1955 it was changed to its current name and commenced the manufacturing of commercial vehicles.
Today, Ashoke Leyland is the first automobile company in India to win the ISO 9002 certification. It was the year 1993. In 1994, the company became an ISO 9001 certified, in 1988 QS 9000 and in 2002 ISO 14001 for all vehicle manufacturing units. The company has also grabbed the credit of becoming the first Indian auto company to receive the latest ISO/TS 16949 Corporate Certification. This certificate is specific to the auto industry.
Auto Companies
View Comments
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| By Raguvaran (on Mar 16, 2011 12:52 PM) Know the details of the vehicles
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