Ashok Leyland Sells 22,866 Commercial Vehicles in March 2024

2 Apr 2024 , 12:29 PM

According to Ashok Leyland, from 23,926 vehicles in March 2023 to 22,866 units in March 2024, the company’s overall vehicle sales have decreased by 4%.

With 21,317 units sold, domestic sales were 7% less than the same period the previous year.

Total light commercial vehicle (LCV) sales increased by 2% to 7,304 units in March 2024 compared to March 2023, while total medium and heavy commercial vehicle (M&HCV) sales decreased by 7% to 15,562 units.

Ashok Leyland is a company that produces and markets a variety of commercial vehicles. The company also produces castings, forgings, and engines for maritime and industrial use.

In Q3 FY24, the company’s standalone net profit increased by 60.51% to ₹580 Crore from ₹361.34 Crore in Q3 FY23. In Q3 FY24, revenue from operations reached ₹9,273 Crore, up 2.69% from ₹9,026 Crore in the same quarter the previous year.

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