Ashok Leyland sales up 24.53% in February
Moneylife Digital Team 03 March 2011

Ashok Leyland reported a 24.53% jump in commercial vehicle sales to 9,800 units in February 2010, compared to the same month of the previous year

Hinduja Group flagship firm Ashok Leyland Ltd reported a 24.53% jump in commercial vehicle sales to 9,800 units in February 2010, compared to the same month of the previous year.

The company sold 7,869 units in February 2010, Ashok Leyland said in a statement.

Domestic sales stood at 8,984 units in February as against 7,092 units in the same month of the previous year, translating into a 26.67%, it added.

Exports increased by 5.01% to 816 units in February from 777 units in the year-ago period.

The company also reported a 28.18% rise in total domestic sales of medium and heavy commercial vehicles to 8,954 units in February 2011, from 6,985 units in the same month of the previous year.

On Thursday, Ashok Leyland ended 1.83% up at Rs53 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.23% at 18,489.76.

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