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Ashok Leyland reports 30.4% jump in sales in August 2012

04 Sep 2012 Evaluate

Ashok Leyland, Hinduja Group’s flagship company has reported a 30.4% jump in sales in August 2012 at 9,432 units compared to 7,232 units in the same month of last year. For the five-month period April to August 2012, the commercial vehicle maker sold 46,704 units, up by 35.9% against 34,343 units in the same period of last year.

However, the commercial vehicle sales in August declined by 9% to 6,597 units from 7,218 in the same month last year. The company sold 33,818 commercial vehicles during the April-August 2012 period compared to 34,329 units sold in the same period last year.

Moreover, the company sold 2,835 units of small commercial vehicle-Dost, in August and 12,886 units during the period April to August 2012.

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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