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Ashok Leyland reports 24% rise in March sales

01 Apr 2015 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has reported an increase of 24% in sales in March 2015 to 12,754 units as against 10,281 units sold in the same period of last year. The company has experienced a rise of 30% in its medium and heavy commercial vehicle (M&HCV) products segment to 10,027 units in March. The company’s light commercial vehicle (LCV) witnessed a rise of 6% to 2,727 units in March 2015. Sales for April 2014-March 2015 period went up 17% over previous year period to 104,902 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 428.60
Ashok Leyland 149.85
Force Motors 16980.00
Olectra Greentech 1088.80
SML Mahindra 6085.00
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