Ashok Leyland reports 93% fall in Q3 consolidated net profit
13th Feb 2020

Ashok Leyland has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 92.71% in its net profit at Rs 27.75 crore for the quarter under review as compared to Rs 380.84 crore for the same quarter in the previous year. Total income of the company decreased by 36.37% at Rs 4037.98 crore for Q3FY20 as compared Rs 6346.04 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 93.29% in its net profit attributable to owners at Rs 26.79 crore for the quarter under review as compared to Rs 399.20 crore for the same quarter in the previous year. Total income of the company decreased by 30.65% at Rs 5208.53 crore for Q3FY20 as compared Rs 7510.46 crore for the corresponding quarter previous year.