Ashok Leyland sales decline 27% in March

Written By Unknown on Selasa, 01 April 2014 | 23.25

Sales of medium and heavy commercial vehicle in March declined by 20 percent, to 7,723 units from 9,694 units sold during the same month of previous year.

Hinduja Group flagship company Ashok Leyland  today reported a 27 percent decline in its total sales in March at 10,286 units.

The company had sold 14,019 units during the same month of previous year, Ashok Leyland said in filing to the BSE.

Sales of medium and heavy commercial vehicle in March declined by 20 percent, to 7,723 units from 9,694 units sold during the same month of previous year.

Sales of light commercial vehicles in March, 2014 declined to 2,563 units from 4,325 units sold in the same month of previous year.

For the fiscal ended March 31, the company reported sales of 89,342 units, compared to 1,14,611 units in 2012-13 fiscal.

Also read:  Ashok Leyland sales dip 21.2% in Feb

Ashok Leyland stock price

On April 01, 2014, Ashok Leyland closed at Rs 22.65, down Rs 1.05, or 4.43 percent. The 52-week high of the share was Rs 24.55 and the 52-week low was Rs 11.82.


The latest book value of the company is Rs 16.74 per share. At current value, the price-to-book value of the company was 1.35.


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