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Ashok Leyland’s February sales jumps 13%

05 Mar 2012 Evaluate

Ashok Leyland’s, the Commercial vehicle maker, total sales in February 2012 accelerated by 13% year-on-year to 11,103 units as compared to the total sales of 9,800 units in February 2011.

Excluding Dost, the Hinduja Group Company’s sales last month declined 3% from a year ago to 9,521 units. Over April- February period, Ashok Leyland sold 87724 units, up 7% from a year ago, which included 5382 units of Dost. Excluding Dost, its sales over the 10-month period were up just 0.50%.

The company reported a 54% year-on-year jump in third quarter net profit at Rs 67 crore, while revenue was up 29% to Rs 2,880 crore.

Peers
Company Name CMP
Tata Motors 425.15
Ashok Leyland 157.05
Force Motors 17250.00
Olectra Greentech 1180.70
SML Mahindra 6261.55
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