India: Net profit at Ashok Leyland up 89% in fiscal Q2

Indian commercial vehicle manufacturer and flagship company of the Hinduja Group, Ashok Leyland, posted an 89% rise in profits for the second quarter of the current fiscal year, which ended on 30 September 2010. For fiscal Q2, Ashok Leyland reported net profit of Rs1.67bn (US$37.45m), compared with Rs886.1m recorded in the Subscribe to Automotive World … Continued

• By Webmaster
• October 22, 2010