Ashok Leyland Q3 profit falls 21.5%, but beats expectations
Updated : February 15, 2019 08:24 AM IST
Profit fell to Rs 381 crore ($53.56 million) for the three months ended December 31, compared with 4.85 billion rupees a year earlier, the company said.
Analysts on average had expected the company to post a profit of Rs 276 crore, according to Refinitiv data.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more