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Ashok Leyland sales slump 40 per cent in January to 11,850 units

The company had sold 19,741 units in the same month last year, Ashok Leyland said in a regulatory filing

Press Trust of India  |  New Delhi 

Ashok Leyland undertakes cost cutting measures to save Rs 500 crore

flagship firm on Monday reported 39.9 per cent decline in total vehicles sales at 11,850 units in January.

The company had sold 19,741 units in the same month last year, said in a regulatory filing.

Total domestic vehicles sales stood at 10,850 units in January against 18,533 units in the year-ago period, registering a decline of 41.4 per cent.

Medium and heavy commercial vehicles (M&HCV) sales in domestic market were down 49.1 per cent at 6,949 units in January this year, as compared to 13,663 units in the year-ago month, it added.

Light commercial vehicle sales last month stood at 3,901 units as compared to 4,870 units in January 2019, down 19.8 per cent the company said.

Shares of were trading at Rs 76.40 a piece on BSE, down 0.78 per cent from the previous close.

First Published: Mon, February 03 2020. 11:16 IST
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