 "Ashok Leyland's total sales drop 8% to 9,071 units in May")
Ashok Leyland has reported a 18 per cent drop in M&HCV sales during the month of May. Company sold 6,139 units of M&HCV in May this year as against 7,469 units in the corresponding month in 2016.
LCV sales rose by 22 per cent to 2,932 units, from 2,406 units.
Total sales of the company dropped by eight per cent to 9,071 units in May, from 9,875 units in the same month a year ago.
During the April-May period, the company's M&HCV sales dropped by 30 per cent to 10,671 units from 15,342 units in the year-ago period. LCV sales rose by 16 per cent to 5,490 units, from 4,715 units in 2016.
Total sales from two months including April and May dropped by 19 per cent to 16,161 units from 20,057 units in the same period in 2016.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%