Have Capex Plans Worth Rs 2,000 Cr: Gopal Mahadevan, Ashok Leyland
  • WebDesk BTVI
  • Aug 02 2019

Commercial vehicle maker Ashok Leyland has reported a 45 per cent year-on-year decline in consolidated net profit at Rs 230 crore for the June quarter. Speaking to BTVI, Gopal Mahadevan, whole-time director and CFO at Ashok Leyland, said that the Q1 performance was relatively stable given the auto sector slowdown. He expects the second half of FY20 to be significantly better. He also informed that the company has capital expenditure plans worth Rs 2,000 crore lined up. Here's more.