Ashok Leyland records Q1 loss, cost-cutting initiatives continue

Chennai, July 17, 2013: Reflecting the continuing slowdown in the commercial vehicle segment, Ashok Leyland recorded a net loss of Rs 141.75 crore in the first quarter of 2013-14 as against a net profit of Rs 66.94 crore for the corresponding quarter in the previous year.

17 Jul 2013 | 2647 Views | By Autocar Pro News Desk

Chennai, July 17, 2013: Reflecting the continuing slowdown in the commercial vehicle segment, Ashok Leyland recorded a net loss of Rs 141.75 crore in the first quarter of 2013-14 as against a net profit of Rs 66.94 crore for the corresponding quarter in the previous year. The CV manufacturer posted ...

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