New Delhi, Jun 26 (PTI) Shares of Ashok Leyland on Friday fell over 3 per cent after the company reported a 92.31 per cent decline in consolidated net profit in the fourth quarter ended March 31.

The stock declined 3.17 per cent to Rs 51.85 on BSE. On NSE, it fell 3.08 per cent to Rs 51.80.

Also Read | Google Nest Hub Max Gets Group Video Calling Feature.

The Hinduja Group flagship firm on Thursday reported a 92.31 per cent decline in consolidated net profit at Rs 57.78 crore in the fourth quarter ended March 31.

The company had posted a net profit of Rs 751.71 crore in the same quarter of previous fiscal, it said in a regulatory filing.

Also Read | Realme Narzo 10A Smartphone Online Sale Today at 12 Noon via Flipkart & Realme.com.

Revenue from operations during the quarter under review stood at Rs 5,088.04 crore as against Rs 9,874.04 crore in the year-ago period.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)