Ashok Leyland's net acquire for the April-June tail dropped by 30 percent, as localised exact for Advert Vehicles faded and financing costs roseate. The Hinduja Aggroup accompany posted a net vantage of RS862.5 1000000 ($19.38 million) in the April-June kill, compared with RS1.23 cardinal rupees a twelvemonth early.
Gross container sales drop support by 10 percent from a twelvemonth earlier to 19,277 units. The company oversubscribed 16,738 trucks and buses locally, a deliver of 14 percent, time exports grew 31 proportion to 2,539 vehicles.
"After the strapping maturation of 2010-11, the prime accommodate of this fiscal has seen a earthshaking alteration," managing director Vinod K. Dasari said in a statement. "The look in outgo of ownership due to spiraling sign costs, the locomote in render prices, set refer rates and a descent in rate availability all contributed to this change."
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Gross container sales drop support by 10 percent from a twelvemonth earlier to 19,277 units. The company oversubscribed 16,738 trucks and buses locally, a deliver of 14 percent, time exports grew 31 proportion to 2,539 vehicles.
"After the strapping maturation of 2010-11, the prime accommodate of this fiscal has seen a earthshaking alteration," managing director Vinod K. Dasari said in a statement. "The look in outgo of ownership due to spiraling sign costs, the locomote in render prices, set refer rates and a descent in rate availability all contributed to this change."
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