Ashok Leyland Limited CC-Nov25.pdf · 2025-11-12
Yes, thanks. So this is Pramod from UBS. And congratulations on a strong operational performance. I couldn't but notice the fact that your EBITDA for this quarter is higher than the whole of FY '22 with just 40% of the volume. So I think indeed a great job, especially on the cost side. I wanted some clarification on Chandru’s question on discounting post-GST. So was the response that you are seeing discounting trends getting better post-GST cut or the status quo remains on discounting?
And can I get some understanding on your return ratios? Because the way you are keeping a lid on the cost control, cost side and the way your margins are ramping up. And you talked about you significantly improve your operational performance. So if you can just talk about how are the financial metrics looking of the first half of this year in terms of ROCE and ROE numbers and where are we on the cash levels?