India's Ashok Leyland Q3 net jumps 72 pct


NEW DELHI, Jan 24 (Reuters) - Ashok Leyland Ltd, India's second-biggest truck and bus maker, reported a 72.3 percent jump in third quarter profit on Friday as sales surged and analysts said vehicle demand would remain buoyant in the months ahead. The Madras-based firm said net profit in October-December rose to an expected 232.87 million rupees ($4.86 million) compared with 135.18 million a year earlier. Net sales grew 24.8 percent to 6.6 billion rupees from 5.29 billion. Sales by volume ...

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