Light commercial vehicle sales increased 27 percent to 4,198 units in December 2018 YoY.
Ashok Leyland disappointed Street on Wednesday by reporting a sharp 20 percent fall in sales for the month of December 2018 due to subdued consumer sentiment.
The country's second largest commercial vehicle maker sold 15,493 units during the month, down from 19,251 units sold in same month last year.
Numbers were also lower than Nomura expectation of 16,500 units.
Sales performance dented by M&HCV segment which registered a 29 percent year-on-year decline to 11,295 units, the company said.
Light commercial vehicle sales increased 27 percent to 4,198 units in December 2018 YoY.
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