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Ashok Leyland’s standalone Q4 net profit at Rs 476 cr

Ashok Leyland's standalone Q4 net profit at Rs 476 crMumbai, May 25 (IANS) 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.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Ashok Leyland's standalone Q4 net profit at Rs 476 cr

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