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Earnings

Ashok Leyland fourth-quarter profit jumps 40%, beats estimates

Updated : May 18, 2018 04:09 PM IST

Net profit was 6.67 billion rupees ($98.03 million) for the quarter ended March 31, compared with 4.76 billion rupees a year earlier.
The total volume of medium and heavy commercial vehicles sold, including exports, rose 15%, while light commercial vehicles posted a 59% volume growth.
Ashok Leyland fourth-quarter profit jumps 40%, beats estimates
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