Ashok Leyland sales jump 97% in March

Hinduja Group flagship company Ashok Leyland today reported 97.43 per cent jump in its commercial vehicle sales at 10,067 units in March.

The company had sold 5,099 units in the same month last year, Ashok Leyland said in a statement.

In FY'10, Ashok Leyland sold 63,926 units as against 54,431 units in the previous fiscal, up by 17.44 per cent.

In March, domestic sales stood at 9,299 units as against 4,428 units in the same month last year, an over two-fold rise, it added.

Exports increased by 14.46 per cent to 768 units in the month compared to 671 units in the year-ago period.

The company also reported an over two-fold increase in its total domestic sales of medium and heavy commercial vehicles at 9,222 units from 4,353 units in the same month last year.

For 2009-10 fiscal, the company reported a jump of 21.69 per cent in its total domestic sales at 57,947 units as against 47,619 units.

Domestic sales of medium and heavy commercial vehicles stood at 57,111 units compared to 47,105 units, up by 21.24 per cent.

Exports in last fiscal, however, declined by 12.23 per cent to 5,979 units from 6,812 units in 2008-09.