Ashok Leyland has posted a 14% rise in net profit at Rs 120.21 crore for the quarter ended December 31, 2007 as against Rs 105.25 crore in Q3FY07. Total income has increased from Rs 1783.94 crore for the quarter ended December 31, 2006 to Rs 1843.78 crore for the quarter ended December 31, 2007.