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Ashok Leyland reports marginal rise in October sales

02 Nov 2020 Evaluate

Ashok Leyland has reported sales figures for the month of October 2020. The company has reported marginal rise of 1% in sales (domestic + exports) during October 2020 at 9989 units as against 9862 units in October 2019. LCV sales were up 14% Y-o-Y at 5401 units in October 2020 as against 4731 units in October 2019. M&HCV Trucks and bus sales stood at 4588 units and 5131 units, respectively. 

Domestic sales rose 2% Y-o-Y in October 2020 to 8885 units as compared to 9079 units in October 2019. Domestic LCV sales increased 11% Y-o-Y to 5004 units, as compared to 4509 units in October 2019.

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 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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