Ashok Leyland announces temporary closure of plant at Pantnagar
19 - Jun - 2019 12:00 AM | 6 days ago
Ashok Leyland announced that its plant situated at Pantnagar willremain closed from 24 June 2019 to 29 June 2019 (both days inclusive) to facilitate alignment of production with sales requirements.
Ashok Leyland reported total sales of 13,172 units in May 2019 compared to 13,659 units in May 2018, recording a decline of 4%. Total sales included domestic sales of 12,778 units, higher by 6%.
Ashok Leyland standalone net profit declines 12.13% in the March 2019 quarter
24 - May - 2019 12:00 AM | 32 days ago
Net profit of Ashok Leyland declined 12.13% to Rs 652.99 crore in the quarter ended March 2019 as against Rs 743.12 crore during the previous quarter ended March 2018. Sales rose 0.82% to Rs 8722.59 crore in the quarter ended March 2019 as against Rs 8651.55 crore during the previous quarter ended March 2018.
For the full year,net profit rose 15.45% to Rs 1983.20 crore in the year ended March 2019 as against Rs 1717.73 crore during the previous year ended March 2018. Sales rose 10.20% to Rs 28614.03 crore in the year ended March 2019 as against Rs 25965.78 crore during the previous year ended March 2018.
