Ashok Leyland Posts Highest Ever Profit, Revenue But Shares Decline
A man walks between two Ashok Leyland Ltd. goods-carrier trucks parked at a toll plaza in Mumbai, India (Photographer: Abhijit Bhatlekar/Bloomberg News)

Ashok Leyland Posts Highest Ever Profit, Revenue But Shares Decline

Ashok Leyland Ltd.’s profit rose for the third straight quarter, meeting analyst estimates in the quarter ended March.Net profit of the truck and bus maker rose 40 percent year-on-year to Rs 667.3 ...
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