Ashok Leyland reports consolidated net loss of Rs 409 crore in Q1
13th Aug 2020

Ashok Leyland has reported results for the first quarter ended June 30, 2020.

The company has reported a net loss of Rs 388.80 crore for the quarter under review against net profit of Rs 230.22 crore for the same quarter in the previous year. Total income of the company decreased by 88.14% at Rs 676.49 crore for Q1FY21 as compared Rs 5704.93 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributed to owner of Rs 409.08 crore for the quarter under review as against net profit of Rs 247.21 crore for the same quarter in the previous year. Total income of the company decreased by 77.14% at Rs 1,511.69 crore for Q1FY21 as compared Rs 6,612.42 crore for the corresponding quarter previous year.