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Ashok Leyland reports net loss of Rs 25.05 crore in Q2

07 Nov 2013 Evaluate

Ashok Leyland has reported results for the second quarter ended September 30, 2013.

The company has reported a net loss of Rs 25.05 crore for the quarter as compared to a net profit of Rs 142.59 crore for the same quarter in the previous year. Total income of the company has decreased by 23.05% at Rs 2572.73 crore for quarter under review as compared to Rs 3343.34 crore for the quarter ended September 30, 2012.

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.

Peers
Company Name CMP
Tata Motors 426.75
Ashok Leyland 153.00
Force Motors 16600.00
Olectra Greentech 1078.55
SML Mahindra 6359.45
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