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Auto slowdown impact: Ashok Leyland PBT drops by 89% in Q3 on lower volumes

Total income plunges to Rs 4,038 cr from Rs 6,346 cr; firm continues with cost-paring measures

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Ashok Leyland

T E Narasimhan  |  Chennai 



Ashok Leyland
The company started suplying range of heavy duty BS VI vehicles in the market, before the April 2020 deadline

Commercial vehicle major has reported an 89 per cent decline in profit before tax at Rs 54.17 crore for the quarter ended December 31, 2019 from Rs 483.57 crore, a year ago. The company's total income slid to Rs 4,037.98 crore from Rs 6,346.04 crore on the backdrop of slowdown in overall sales.

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First Published: Wed, February 12 2020. 18:29 IST

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