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Ashok Leyland bags Rs 650 cr order for 3,019 buses

July 24, 2017 / 15:58 IST
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India's Ashok Leyland Ltd Light Specialist (R) and Field Artillery Tractor vehicles are displayed at the fifth Land and Naval Systems Defence Expo 2008 in New Delhi February 18, 2008. India's Ashok Leyland Ltd is working on developing a mine-protected vehicle and is in talks with overseas firms to partner it in the project, a senior official said on Saturday. REUTERS/B Mathur (INDIA) - RTR1X8TT

Hinduja group flagship firm Ashok Leyland today said it has bagged an order worth Rs 650 crore for 3,019 bused from Kerala State Road Transport Corporation (KSRTC).

One of the largest from a state transport undertaking, the order will be executed in the current financial year, Ashok Leyland said in a regulatory filing.

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"Our ability to bring value to customers like KSRTC is a testament to our superior technology and innovation, combined with low costs," the company's Managing Director Vinod K Dasari said. Shares of the company closed 0.55 per cent up at Rs 103.70 on BSE.

first published: Jul 24, 2017 03:49 pm

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