UPDATE 1-Ashok Leyland Q1 profit beats forecast


(Recasts with analyst quotes, details) MADRAS, India, July 26 (Reuters) - Ashok Leyland Ltd, India's second-largest truck maker, reported on Friday a better-than-expected profit for April-June, versus a loss a year earlier, helped by higher sales and a tight control on costs. First-quarter net profit, after an extraordinary charge towards the amortisation of voluntary retirement expenses, was 97.47 million rupees ($1.94 million), versus a loss of 94.04 million rupees a year earlier. ...

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