Ashok Leyland Limited announced unaudited financial results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 23,225.0 million against INR 28,519.682 million a year ago. Profit from operations before income, finance cost and exceptional items was INR 92.047 million against INR 1,237.432 million a year ago. Profit from ordinary activities before tax was INR 724.513 million against INR 1,559.066 million a year ago. Net profit for the period was INR 741.413 million or INR 0.28 per basic and diluted share against INR 669.034 million or INR 0.25 per basic and diluted share a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 84,859.242 million against INR 84,062.266 million a year ago. Profit from operations before income, finance cost and exceptional items was INR 3,963.292 million against INR 5,289.265 million a year ago. Profit from ordinary activities before tax was INR 3,092.938 million against INR 3,755.482 million a year ago. Net profit for the period was INR 2,836.738 million or INR 1.07 per basic and diluted share against INR 3,072.382 million or INR 1.15 per basic and diluted share a year ago.