Hinduja Group’s flagship company Ashok Leyland has reported 53.36 percent jump in commercial vehicle sales at 7,878 units in November. The company had sold 5,137 units in the same month of 2010.
The company’s domestic sales were 6,477 units in November, as against 3,885 units in the same month of the previous year, up 66.72 percent.The exports increased 11.90 per cent to 1,401 units last month from 1,252 units in the year-ago period.
The company’s net profit for the quarter under review declined 7.77% at Rs 154.08 crore as compared to Rs 167.06 crore for the quarter ended September 30, 2010. Its total income increased by 14.14% to Rs 3104.90 crore for the quarter under review from Rs 2720.19 crore for the similar quarter of the previous year.
