Ashok Leyland has reported results for third quarter ended December 31, 2014.
The company has reported a net profit of Rs 32.09 crore for the quarter under review as compared to a net loss of Rs 167.21 crore for the same quarter in the previous year. The total income of the company has increased 71.71% at Rs 3380.32 crore for Q3FY15 as compared Rs 1968.62 crore for the corresponding quarter 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.