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Ashok Leyland reports net profit of Rs 159.31 crore in Q1

12 Aug 2015 Evaluate

Ashok Leyland has reported results for first quarter ended June 30, 2015.

The company has reported a net profit of Rs 159.31 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 47.95 crore for the same quarter in the previous year. The company’s total income has increased by 53.72% to Rs 3868.31 crore for the quarter under review, from Rs 2516.50 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 428.30
Ashok Leyland 149.65
Force Motors 16955.80
Olectra Greentech 1085.65
SML Mahindra 6056.90
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