1. Ashok Leyland shares rose by 2.04% to ₹169.95 apiece in the opening trade on the BSE.
2. The company declared an interim dividend of ₹4.95 per equity share for the financial year ending 2023–24.
3. The record date for the interim dividend is April 3, 2024, with payment scheduled on or before April 23, 2024.
4. Ashok Leyland shares will trade ex-dividend on April 3, following the T+1 settlement cycle.
5. The company reported a standalone net profit of ₹580 crore in the quarter ending December 2023, a 60.5% increase from the year-ago period.
6. Standalone revenue in Q3 FY24 increased by 2.7% to ₹9,273 crore year-on-year.
7. The Ashok Leyland share price has fallen by over 8% this year, but in the past year, shares have risen by more than 20%.
8. At 9:20 am, Ashok Leyland shares were trading 0.87% higher at ₹168.00 apiece on the BSE.