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Bearish Demand Seen In First Half Of FY14 - Ashok Leyland

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Ashok Leyland failed to meet estimates when it posted its fourth-quarter numbers last week. Net profit fell 44% to Rs.150 crores and revenue was down 14% at Rs.3,728 crore. Ashok Leyland Managing Director Vinod Dasari spoke to Bloomberg TV India about the disappointing results and presented forecasts for FY14.