HomeNewsBusinessEarningsAshok Leyland Q4 net up 34% on strong sales, price hikes

Ashok Leyland Q4 net up 34% on strong sales, price hikes

Commercial vehicle maker Ashok Leyland beat market expectations as fourth quarter (January-March) net profit rose 34% year-on-year to Rs 298.23 crore on the back of robust sales growth and improved realizations.

May 19, 2011 / 22:37 IST
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Nachiket Kelkar
Moneycontrol.com

Commercial vehicle maker Ashok Leyland beat market expectations as fourth quarter (January-March) net profit rose 34% year-on-year to Rs 298.23 crore on the back of robust sales growth and improved realizations. Net sales for the three-month period were up 30.3% from a year ago to Rs 3,828.53 crore. Analysts on average had expected Ashok Leyland
first published: May 19, 2011 03:17 pm

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