Ashok Leyland has reported results for fourth quarter and year ended March 31, 2014.
The company has posted a rise of 142.21% in its net profit at Rs 363.39 crore for the quarter ended March 31, 2014 as compared to Rs 150.03 crore for the same quarter in the previous year. However, total income of the company has decreased by 17.31% at Rs 3092.52 crore for quarter under review as compared to Rs 3739.99 crore for the quarter ended March 31, 2013.
For the year ended March 31, 2014, the company has posted fall of 93.23% in its net profit after tax at Rs 29.38 crore as compared to Rs 433.71 crore for the same period in the previous year. Total income of company has declined by 20.20% at Rs 10009.95 crore for year under review as compared to Rs 12543.55 crore for the period ended March 31, 2013.
For the year ended March 31, 2014, on the consolidated basis, the group has posted a net loss after taxes, minority interest of Rs 164.12 crore for the year ended March 31, 2014. Total Income is Rs 11579.17 crore for the year ended March 31, 2014.
