Ashok Leyland - second largest commercial vehicle maker - has reported an increase of 20% in its December 2011 sales to 9088 units as against 7568 units in a year ago period.
The company’s total sales were boosted by robust sales of newly launched light commercial vehicle Dost. Sales of Dost, which was launched in October 2011, were pegged at 1099 units in December 2011.
Ashok Leyland is the flagship of the Hinduja Group and a leading manufacturer of commercial vehicles in India. The company’s net profit fell 7.8% to Rs. 154.08 crore on 14% increase in net sales to Rs. 3094.57 crore in Q2 September 2011 over Q2 September 2010.
