Ashok Leyland net loss narrows to ₹83 crore
The Hindu
Cost of raw materials zooms 61%
Commercial vehicle manufacturer Ashok Leyland Ltd.’s standalone net loss for the second quarter ended September narrowed to ₹83 crore from ₹147 crore a year earlier.
Revenue from operations rose 57% to ₹4,426 crore, while cost of materials zoomed by more than ₹1,100 crore to ₹3,093 crore. Total expenditure grew 52% to ₹4,595 crore, the company said in a regulatory filing.
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