iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Ashok Leyland total sales soars 315% YoY in May

1 Jun 2022 , 12:04 PM

Sequentially, the companys total CV sales declined 10.74% last month from 11,847 units sold in April 2022. While the total sales of medium & heavy commercial vehicles (M&HCV) jumped 307% to 7,945 units, sales of light commercial vehicles (LCVs) climbed 328% to 5,328 units in May 2022 over May 2021. In the domestic market, the company sold 12,458 units of total vehicles in May 2022, up 355% compared with 2,738 units sold in the same period last year. Ashok Leyland, flagship of the Hinduja group, is among the largest manufacturer of commercial vehicles in India and also among the biggest manufacturers of buses and trucks globally. The companys consolidated net profit slumped 60.2 % to Rs 140.24 crore on a 21.8 % surge in net sales to Rs 9,882.39 crore in FY22 over FY21. Shares of Ashok Leyland were trading flat at Rs 137.55 on the BSE. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.