Ashok Leyland Clocks Gains in Fiscal Q4 Consolidated Profit

MT Newswires Live
26 May

Ashok Leyland (NSE:ASHOKLEY, BOM:500477) recorded a rise in its consolidated attributable profit to 11.3 billion Indian rupees in the fiscal fourth quarter ended March 31, against 8.53 billion rupees a year ago.

Earnings per share came in at 3.84 rupees compared with the year-ago figure of 2.90 rupees, according to a Friday filing to the Indian stock exchanges by the commercial vehicles manufacturer.

Revenue from operations in fiscal Q4 also increased to 147.0 billion rupees from 135.4 billion rupees a year earlier.

The company's shares were down nearly 1% in recent trade.

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