New Delhi, May 23 -- Ashok Leyland, the Indian flagship of the Hinduja Group, released its March quarter performance on Friday, May 23, reporting a 38.4% year-on-year (YoY) jump in its consolidated net profit to Rs.1,246 crore. In the same period last year, the company had reported a net profit of Rs.900 crore.

Revenue from operations during the reporting quarter came in at Rs.11,906 crore, slightly below Street estimates of Rs.12,196 crore.

(more to come)

Published by HT Digital Content Services with permission from MINT....