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Ashok Leyland reports 12% decline in Q4 net profit at Rs 652.99 cr

Income from operations rose to Rs 8,722.59 crore for the March quarter as compared with Rs 8,651.55 crore in the year-ago period

Ashok Leyland
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Ashok Leyland

Press Trust of India New Delhi
Commercial vehicle major Ashok Leyland Friday reported 12.12 per cent decline in net profit at Rs 652.99 crore for March quarter, 2018-19.

The company posted a profit of Rs 743.12 crore for the same period of 2017-18.

Income from operations rose to Rs 8,722.59 crore for the March quarter as compared with Rs 8,651.55 crore in the year-ago period, Ashok Leyland said in a regulatory filing.

For 2018-19 fiscal, the Chennai-based firm reported a consolidated profit of Rs 2,194.6 crore as against Rs 1,813.82 crore in the previous year, an increase of 21 per cent.

Income from operations stood at Rs 32,753.24 crore for