The total vehicle sales (domestic+exports) of Ashok Leyland stood at 8,340 units in April 2021.
Sequentially, total sales slumped 51.59% to 8,340 units in April 2021 from 17,231 units recorded in March 2021.
On a month-on-month (M-o-M) basis, total domestic sales slumped 49.48% to 7,961 units in April 2021 as against 15,761 units in March 2021.
Meanwhile, the company, on Sunday, 2 May 2021, said that the operations of the plants have been scaled down and are expected to work for 7-15 days in May 2021 due to Covid-related protocols.
Ashok Leyland's consolidated net profit tanked 32.9% to Rs 38.32 crore on a 15.2% surge in net sales to Rs 5,928.15 crore in Q3 December 2020 over Q3 December 2019.
Ashok Leyland, flagship of the Hinduja group, is among the largest manufacturer of commercial vehicles in India and also among the biggest manufacturers of buses and trucks globally.
Shares of Ashok Leyland fell 0.62% to Rs 112 on BSE. The stock traded around Rs 108.35 to Rs 112.35 so far.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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