Financial Statement Analysis of Ashok Leyland
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The case is structured to achieve the following teaching objectives:
- Understand the need for and scope of financial statement analysis.
- Evaluate the performance of Ashok Leyland using Ratio analysis, DuPont analysis, Common-Size Financial Statements, and Common-Base Year Financial Statements.
Ashok Leyland, Hinduja Group, Commercial Vehicle Manufacturer, Automobile Industry, Intermediate Commercial Vehicle Segment (ICV), Medium & Heavy Commercial Vehicle Segment (M&HCV)