Ashok Leyland working to bring EBITDA margins back to 14-15%; optimistic about Q1 too: Shenu Agarwal

Ashok Leyland’s focus is on profitability and getting back to its pre-Covid-19 peak EBITDA levels. The automaker aims to expand its reach, increase its market share, and expand its product portfolio. By working on alternative fuels, electric and hydrogen cars, Ashok Leyland aims to bring in new products for Indian and other overseas markets. Although electric vehicle sales depend on STU orders, the company aims to quickly finish those and launch electric Dost and Bada Dost models by late 2021 or early 2022.