Ashok Leyland January sales rise 9% to 19,741 units

Medium & heavy commercial vehicle sales, which majorly contributes to total sales, increased by 8 percent to 14,694 units YoY including trucks growth of 9 percent and bus 1 percent YoY.

Commercial and defence vehicle maker Ashok Leyland has reported a 9 percent on year growth in January sales at 19,741 units, driven by M&HCV trucks and LCV segments.

The company sold 18,100 vehicles during the same month last year.

Medium & heavy commercial vehicle sales, which majorly contributes to total sales, increased by 8 percent to 14,694 units YoY including trucks growth of 9 percent and bus 1 percent YoY.

Ashok Leyland sold 5,047 units under light commercial vehicle segment, higher by 13 percent against 4,458 units in January 2018.

At 12:27 hours IST, the stock was quoting at Rs 86.70, up Rs 5.40, or 6.64 percent on the BSE.

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