MoneyWorks4Me

Ashok Leyland reports consolidated net profit of Rs 351 crore in Q3

02 Feb 2023 Evaluate

Ashok Leyland has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported many fold jump in its net profit at Rs 361.34 crore for the quarter under review as compared to Rs 5.76 crore for the same quarter in the previous year. Total income of the company increased 63.18% at Rs 9,061.26 crore for Q3FY23 as compared to Rs 5,552.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit at Rs 351.21 crore for the quarter under review as compared to net loss of Rs 107.57 crore for the same quarter in the previous year. Total income of the company increased 56.24% at Rs 10,430.39 crore for Q3FY23 as compared to Rs 6,675.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Tata Motors 433.30
Ashok Leyland 153.70
Force Motors 17088.00
Olectra Greentech 1103.00
SML Mahindra 6131.20
View more..