Commercial vehicles manufacturer Ashok Layland on Thursday reported a net profit of Rs 476 crore in its standalone net profit for the fourth quarter (Q4) of 2016-17.
According to the company, its standalone net profit during the quarter under review stood at Rs 476 crore from a net loss of Rs 141 crore in the corresponding period of 2015-16.
The commercial vehicles manufacturer's revenue for the fourth quarter increased by 13 per cent to Rs 7,057 crore from Rs 6,237 crore earned during Q4 of FY16.
--IANS
rv/dg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app