Ashok Leyland sales jump 97% in March

Ashok Leyland sales jump 97% in March

New Delhi: Hinduja Group flagship company Ashok Leyland on Monday reported 97.43% jump in its commercial vehicle sales at 10,067 units in March.

The company had sold 5,099 units in the same month last year, Ashok Leyland said in a statement.

In FY’10, Ashok Leyland sold 63,926 units as against 54,431 units in the previous fiscal, up by 17.44%.

In March, domestic sales stood at 9,299 units as against 4,428 units in the same month last year, an over two-fold rise, it added.

Exports increased by 14.46% to 768 units in the month compared to 671 units in the year-ago period.

The company also reported an over two-fold increase in its total domestic sales of medium and heavy commercial vehicles at 9,222 units from 4,353 units in the same month last year.

For 2009-10 fiscal, the company reported a jump of 21.69% in its total domestic sales at 57,947 units as against 47,619 units.

Domestic sales of medium and heavy commercial vehicles stood at 57,111 units compared to 47,105 units, up by 21.24%.

Exports in last fiscal, however, declined by 12.23% to 5,979 units from 6,812 units in 2008-09.

Close