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Ashok Leyland reports net loss of Rs 47.95 crore in Q1

26 Jul 2014 Evaluate

Ashok Leyland has reported results for first quarter ended June 30, 2014.

The company has reported net loss of Rs 47.95 crore for the quarter under review as compared to a net loss of Rs 141.75 crore for the quarter ended June 30, 2013. The company’s total income has increased by 5.25% to Rs 2500.92 crore for the quarter under review from Rs 2376.07 crore for the corresponding quarter of the previous year.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Peers
Company Name CMP
Tata Motors 396.25
Ashok Leyland 145.00
Force Motors 17370.00
Olectra Greentech 951.15
SML Mahindra 4717.95
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