Ashok Leyland Q1 net loss at Rs 142 crore

Hinduja flagship firm Ashok Leyland today posted a net loss of Rs 141.75 crore for the first quarter ended June 30, 2013.

Ashok Leyland Q1 net loss at Rs 142 crore
NEW DELHI: Hinduja flagship firm Ashok Leyland today posted a net loss of Rs 141.75 crore for the first quarter ended June 30, 2013.

The company had posted a net profit of Rs 66.93 crore during the same period of previous fiscal.

Net sales of the company declined to Rs 2,313.21 crore during the first quarter ended June 30, 2013, as against Rs 2,960.43 crore in the same period of 2012-13, Ashok Leyland Ltd said in a filing to the BSE.

Shares of Ashok Leyland were trading at Rs 15.95 on the BSE, down 8.60 per cent from their previous close.
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