Ashok Leyland net profit rises 142.21% in the March 2014 quarter

Sales decline 17.20% to Rs 3020.96 crore

Net profit of Ashok Leyland rose 142.21% to Rs 363.39 crore in the quarter ended March 2014 as against Rs 150.03 crore during the previous quarter ended March 2013. Sales declined 17.20% to Rs 3020.96 crore in the quarter ended March 2014 as against Rs 3648.41 crore during the previous quarter ended March 2013.

For the full year,net profit declined 93.23% to Rs 29.38 crore in the year ended March 2014 as against Rs 433.71 crore during the previous year ended March 2013. Sales declined 20.22% to Rs 9735.73 crore in the year ended March 2014 as against Rs 12203.08 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales3020.963648.41 -17 9735.7312203.08 -20 OPM %6.095.44 -1.717.18 - PBDT87.11127.06 -31 -219.84561.93 PL PBT-16.3427.05 PL -596.88181.15 PL NP363.39150.03 142 29.38433.71 -93

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