Annual Report 2006-2007 of Ashok Leyland

It is a broadly described annual report of Ashok Leyland in the year of 2006-2007. Net Current Assets (excluding cash/bank balances) as on 31^st March 2007 stood at Rs. 5,069 million as against the previous year level of Rs. 2,210 million. The Net sales for the year at Rs. 71,682 million, has increased by 37% as compared to previous year. The Company posted Profit before Tax (PBT) for the year was Rs. 6,045.06 million. After providing for taxes at Rs. 1,632 million, profit after tax for the current year improved by 35% to Rs. 4,413 million. The Basic & Diluted Earnings per Share (EPS) of the Company for the year Rs. 3.38 & Rs. 3.36.

The Board of Directors of the Company has not recommended any final dividend for the financial year ended 31^st March 2007.

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