Ashok Leyland’s June sales up 7%

Ashok Leyland’s June sales up 7%

01/07/2016 14:54

The country’s second biggest commercial vehicle manufacturer, Ashok Leyland Ltd, has announced that its total sales climbed by 7 per cent to 11,108 units in June 2016 from the same month a year ago.

In June 2015, the company had posted total sales of 10,429 units, Ashok Leyland Ltd said in a filing to the Bombay Stock Exchange (BSE) on Friday.

Sales of medium and heavy commercial vehicles (M&HCV) climbed by 8 per cent at 8,685 units in June 2016 from 8,016 units in the same month a year ago.

Meanwhile, sales of light commercial vehicles (LCV) remained mostly flat at 2,423 units in June 2016 from 2,413 units in the same month a year ago.

Total sales climbed by 11 per cent to 31,165 units in April-June 2016 from 28,154 units in the same period a year ago.

Further, sales of medium and heavy commercial vehicles (M&HCV) climbed by 12 per cent at 24,027 units in April-June 2016 from 21,453 units in the same period a year ago.

Meanwhile, sales of light commercial vehicles (LCV) climbed by 7 per cent at 7,138 units in April-June 2016 from 6,701 units in the same period a year ago.

Traders cheered the mostly upbeat June sales report of the company as shares of Ashok Leyland jumped by 1.22 per cent at Rs 99.80 apiece on the Bombay Stock Exchange (BSE) at 14:16 PM IST on Friday.

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