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Ashok Leyland reports 42% fall in Q4 net profit

11 May 2013 Evaluate

Ashok Leyland has reported results for the fourth quarter & year ended March 31, 2013.

The company has reported a fall of 42.01% in its net profit at Rs 150.03 crore in Q4FY13 as compared to net profit of Rs 258.73 crore in the same quarter previous year. Total income of the company has decreased by 13.88% to Rs 3728.46 crore as compared to Rs 4329.52 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 23.37% fall in its net profit at Rs 433.70 crore in FY13 as against Rs 565.97 crore in previous years. Total income of the company has decreased to Rs 12481.20 crore as compared to Rs 12904.32 crore in FY12, down by 3.28%.

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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