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Ashok Leyland’s Q1 net slips 22%

24 Jul 2012 Evaluate

Ashok Leyland, the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India, reported results for first quarter ended June 30, 2012.

The company has registered a fall of 22.42% in its net profit at Rs 66.94 crore for the quarter under review as compared to Rs 86.29 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 19.69% at Rs 3007.35 crore for Q1FY13 as compared Rs 2512.70 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Tata Motors 425.15
Ashok Leyland 157.05
Force Motors 17250.00
Olectra Greentech 1180.70
SML Mahindra 6261.55
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