Ashok Leyland Q3 FY10 Results : Net zooms 455%

by khalid on 02/02/2010 · 0 comments

Ashok Leyland Ltd. is a Hinduja Group flagship company manufacturing commercial vehicle . The company bagged orders from various state transports corporations for supplying around 5100 buses under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The company has posted a phenomenal increase in net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit zooms 455% to Rs 104.63 crores in comparison to the Rs 18.86 crores of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market(BSE) that the net sales too increased 81 % to Rs 1815.53 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Net sales was Rs 1004.49 crores in last year’s quarter.

Share’s Data :
BSE Code : 500477
Mkt. Cap: Rs 6871 Crores
P/E Ratio: 35.04
EPS (Rs): 1.43
Face Value : Rs 1
Last bonus : 1:2 in Sep 1978
Last Dividend : 100% in May 2009
52 Week H/L : Rs 56.80 / 13.70
Ashok Leyland Ltd. share’s CMP is Rs 51.65 on 1st Feb 2010

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