Decline in Ashok Leyland domestic sales in March

Ashok Leyland on Monday reported 5 per cent decline in its domestic sales at 20,521 units in March 2019.

The company dispatched 21,533 units in the domestic market in March 2018, Ashok Leyland said in a regulatory filing.

During the month under review, sales of medium and heavy commercial vehicles (M&HCV) saw a of decline 7 per cent at 15,235 units in domestic sales while the light commercial vehicle (LCV) sales witness a marginal growth of 1 per cent at 5,286 units.

Total sales (domestic + exports) in the last month stood at 21,535 units, down 4 per cent, as compared to 22,453 units in the same month year ago.

However, in the financial year 2018-2019, the Indian truck major saw 13 per cent growth at 197,366 units as against 174,873 units in the previous fiscal.

Company’s domestic sales performance in the last fiscal also jumped by 17 per cent at 185, 065 units compared to 158,612 units in FY’17-18.

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