Ashok Leyland Q2FY18 PAT rises 2 fold
Raghav Bisani / 08 Nov 2017
The company reported PAT of Rs. 334.25 crore which represents a sequential QoQ increase of 200.5 per cent and a YoY increase of 13.53 per cent
Ashok Leyland reported its results for the quarter ended September 30, 2017.
Total sales for Q2FY18 came in at Rs. 6,046.89 crore. This represents a 33.95 per cent sequential increase and 23.11 per cent YoY increase. EBITDA for the recently concluded quarter amounted to Rs. 611.8 crore and the margins stood at 10.1 per cent.
The company reported PAT of Rs. 334.25 crore which represents a sequential QoQ increase of 200.5 per cent and a YoY increase of 13.53 per cent.
Today, the stock opened at Rs. 122.25 per share on BSE, and touched an intraday low of Rs. 117.20 per share.
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