Ashok Leyland Q4 net profit surges over 2-fold to Rs 363 cr

Tags: Companies
Hinduja Group flagship Ashok Leyland today reported over two-fold increase in profit to Rs 363.39 crore for the fourth quarter ended March 31, 2014.

The company had posted net profit of Rs 150.03 crore for the January-March quarter of the previous fiscal, 2012-13.

Its net sales declined however to Rs 3,020.95 crore in Q4, 2013-14 from Rs 3,648.41 crore in the year-ago period, Ashok Leyland said in a filing to the BSE.

For the entire fiscal, it posted net profit of Rs 29.38 crore, as against Rs 433.70 crore in 2012-13.

Net sales of the the company declined to Rs 9,735.73 crore for the year, compared to Rs 12,203.07 crore in the previous fiscal.

The Ashok Leyland scrip ended the day at Rs 28.90 on the BSE, unchanged from the previous close.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Need to rein in profligate promoters in low margin airline business

    With the media and industry searchlight trained hard on SpiceJet, it is easy to forget that it may be, at worst, a symptom, not the real malaise itsel

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture