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Ashok Leyland reports 36% rise in February sales

02 Mar 2015 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 36% in sales in February 2015 to 10,762 units as against 7,915 units sold in the same period of last year. The company has experienced a rise of 48% in its medium and heavy commercial vehicle (M&HCV) products segment to 8,230 units in February.

The company’s light commercial vehicle (LCV) witnessed a rise of 8% to 2,532 units in February 2015. Sales for April 2014-February 2015 period went up 17% over previous year period to 92,148 units.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Peers
Company Name CMP
Tata Motors 428.35
Ashok Leyland 150.00
Force Motors 16900.00
Olectra Greentech 1086.70
SML Mahindra 6042.50
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