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Ashok Leyland reports 51% growth in May sales

01 Jun 2018 Evaluate

Ashok Leyland has reported a jump of 51% in May 2018 sales to 13,659 units, as against 9,075 units sold in the same month of last year. The company reported a rise of 70% in its medium and heavy commercial vehicle (M&HCV) products segment to 10,421 units in May 2018, as compared to 6,143 units sold in May 2017.

The light commercial vehicle (LCV) segment of the company registered sales of 3,238 units in May 2018, a jump of 10% as compared to 2,932 units sold in May 2017.

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 398.30
Ashok Leyland 148.00
Force Motors 17686.85
Olectra Greentech 974.30
SML Mahindra 4688.80
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