Don't want to miss the best from Business Standard?
Ashok Leyland jumped 3.82% to Rs 99.10 after the commercial vehicles maker's total sales jumped 14% to 12,762 units in December 2020 from 11,168 units sold in December 2019.
Sequentially, the company's total auto sales advanced 19.73% last month from 10,659 units sold in November 2020.Ashok Leyland's domestic sales stood at 11,857 units in December 2020 as against 10,378 units in December 2019, registering a 14% increase year-on-year (Y-o-Y).
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.
On a consolidated basis, Ashok Leyland reported a net loss of Rs 96.23 crore in Q2 September 2020 as compared to a net profit of Rs 69.95 crore in Q2 September 2019. Net sales declined 23.8% to Rs 3,835.85 crore in Q2 September 2020 over Q2 September 2019.
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