Ashok Leyland has reported results for third quarter ended December 31, 2016.
The company has reported 13.02% fall in its net profit at Rs 185.88 crore for the quarter under review as compared to Rs 213.70 crore for the same quarter in the previous year. However, total income of the company increased by 7.98% at Rs 4747.11 crore for the quarter under review as compared Rs 4396.15 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.