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Ashok Leyland drops as Q1 net declines 84%

he company announced a 84% dip in Q1 net profit at Rs 7.77 crore from Rs 50.56 crore in the corresponding quarter in the previous fiscal. Net sales dropped 51% to Rs 912.45 crore in Q1FY10 from Rs 1,887.98 crore in Q1FY09.
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