Ashok Leyland standalone net profit declines 66.51% in the March 2016 quarter

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Sales rise 32.87% to Rs 5893.49 crore
Net profit of Ashok Leyland declined 66.51% to Rs 77.02 crore in the quarter ended March 2016 as against Rs 229.97 crore during the previous quarter ended March 2015. Sales rose 32.87% to Rs 5893.49 crore in the quarter ended March 2016 as against Rs 4435.53 crore during the previous quarter ended March 2015.For the full year,net profit rose 115.58% to Rs 721.78 crore in the year ended March 2016 as against Rs 334.81 crore during the previous year ended March 2015. Sales rose 39.56% to Rs 18577.06 crore in the year ended March 2016 as against Rs 13311.14 crore during the previous year ended March 2015.
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First Published: May 25 2016 | 5:35 PM IST