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.