Ashok Leyland reports consolidated net loss of Rs 108 crore in Q3

Ashok Leyland has reported results for third quarter ended December 31, 2021.

Ashok Leyland
Ashok Leyland

The company has reported net profit at Rs 5.76 crore for the quarter under review as compared to net loss of Rs 19.38 crore for the same quarter in the previous year. Total income of the company increased by 14.55% at Rs 5552.80 crore for Q3FY22 as compared Rs 4847.57 crore for the corresponding quarter previous year.

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On the consolidated basis, the company has reported net loss at Rs 107.57 crore for the quarter under review as compared to net profit of Rs 38.32 crore for the same quarter in the previous year. However, total income of the company increased by 11.26% at Rs 6675.83 crore for Q3FY22 as compared Rs 6000.28 crore for the corresponding quarter previous year.