Ashok Leyland reports 8.73 pc dip in sales in May

Tags: Companies
Hinduja Group company Ashok Leyland has reported a 8.73 per cent decline in total sales in May 2014, selling 6,632 units.

The city-based commercial vehicle maker had sold 7,267 units during the same month of the previous year, a company statement said.

For the period April-May 2014, total sales declined by 15 per cent to 12,529 units from 14,754 units sold during the same period of the previous year.

Sales of medium and heavy commercial vehicles in May 2014 marginally dipped to 4,884 units as against 4,932 units sold during the corresponding month of the previous year.

Sales of Medium and Heavy Commercial vehicles in April-May 2014 declined to 9,407 units from 10,183 units sold during the same period of the previous year, the company said.

However, sales of Light Commercial Vehicles witnessed a 25.1 per cent decline in May 2014 to 1,748 units from 2,335 units sold during the same month of previous year.

For the period April-May 2014, sales of LCVs slipped to 31.6 per cent to 3,122 units from 4,571 units sold during the corresponding period of the previous year, the statement added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • If the first 17 editions of Saarc were tragedies, Kathmandu was a sham

    Rarely has a regional grouping such as the South Asian Association of Regional Cooperation (Saarc) promised so much and delivered so little.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

By the power of wind, let there be light

In India, the development of wind power began in the ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture