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Ashok Leyland reports consolidated net loss of Rs 108 crore in Q3

12 Feb 2022 Evaluate

Ashok Leyland has reported results for third quarter ended December 31, 2021.

The company has reported net profit at Rs 5.76 crore for the quarter under review as compared to net loss of Rs 19.38 crore for the same quarter in the previous year. Total income of the company increased by 14.55% at Rs 5552.80 crore for Q3FY22 as compared Rs 4847.57 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 107.57 crore for the quarter under review as compared to net profit of Rs 38.32 crore for the same quarter in the previous year. However, total income of the company increased by 11.26% at Rs 6675.83 crore for Q3FY22 as compared Rs 6000.28 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Tata Motors 425.30
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1084.25
SML Mahindra 6130.00
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