Ashok Leyland swung to a profit for the quarter ended December 2014. During the quarter, the company reported a profit of Rs 320.95 million compared with a loss of Rs 1,672.07 million in the same quarter previous year.
Net sales for the quarter surged 72.08% to Rs 33,609.97 million, compared with Rs 19,532 million for the prior year period.
Earnings per share stood at Rs 0.11 compared with negative Rs 0.63 in the same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 14 | Dec - 13 | %Change |
| Net Sales | 33,609.97 | 19,532.15 | 72.08 |
| Net Profit | 320.95 | (1,672.07) | - |
| Basic EPS | 0.11 | (0.63) | - |
Shares of the company declined Rs 2.2, or 3.23%, to settle at Rs 66.00. The total volume of shares traded was 4,898,158 at the BSE (Thursday).
