Ashok Leyland posts Rs 370 crore profit in Q1

Chennai, July 17 (IANS) Commercial vehicles major Ashok Leyland Ltd on Tuesday said it closed the first quarter of the current fiscal with a net profit of Rs 370.10 crore.

In a regulatory filing in BSE, the company said it posted a net profit of Rs 370.10 crore for the quarter ended on June 30, 2018, up from Rs 111.23 crore posted during the quarter ended on June 30, 2017.

The company had earned a total income of Rs 6,300.11 crore for the period under review, up from Rs 4,572.87 crore earned during the quarter ended on June 30, 2017.