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Ashok Leyland reports 8% decline in total sales in July 2024

02 Aug 2024 Evaluate

Ashok Leyland has reported 8 per cent decline in total sales at 13,928 units in July 2024 as compared to 15,068 units in the same month last year. Domestic sales were down 9 per cent at 12,926 units as against 14,207 units in July 2023.

Sales of medium and heavy commercial vehicles in the domestic market were at 7,685 units as against 8,974 units in the year-ago period, down 14 per cent. Light commercial vehicle sales in the domestic market last month were flat at 5,241 units as against 5,233 units in the year-ago period. 

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 425.15
Ashok Leyland 157.05
Force Motors 17250.00
Olectra Greentech 1180.70
SML Mahindra 6261.55
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