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Ashok Leyland Q3 net up 54% at Rs 67 cr
Ashok Leyland, the second largest commercial vehicle manufacturer, has reported less than expected growth of 54.4% year-on-year in net profit of Rs 67 crore for October-December quarter of FY12.
Ashok Leyland , the second largest commercial vehicle manufacturer, has reported a less than expected growth of 54.4% year-on-year in net profit of Rs 67 crore for October-December quarter of FY12.
Net sales rose 29% to Rs 2,880 crore in the third quarter of FY12 versus Rs 2,227 crore in the corresponding quarter of last fiscal.
CNBC-TV18 had expected a profit after tax of Rs 121 crore and revenues of Rs 2,918 crore.
