Annual Report 2013-2014 of Ashok Leyland

It is a broadly described annual report of Ashok Leyland in the year of 2013-2014. Current Assets as at 31^st March 2014 was Rs. 3,855 Crore compares with previous year level of Rs. 4,277 Crore. The Net sales for the year at Rs. 9,943.43 million, has decreased by (20.3%) as compared to previous year. The Company posted Profit/(Loss) before Tax (PBT) for the year was Rs. (9121.89) Crores. Loss before tax and exceptional items stood at Rs. 597 Crore. After reckoning a deferred tax asset of Rs. 121 Crore, Profit after tax for the current year stood at Rs. 2,938.11 Crore. The earnings per share decreased by 93% from Rs. 1.63 in 2012-13 to Rs. 0.11 in the year under review.

The Board of Directors of the Company has not recommended any dividend for the FY 2013-14.

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