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.
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