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
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