Ashok Leyland registers a growth of 12% March 2017

Achieves an overall growth of 3% in FY2017

    Mar’17 Mar’16 % Apr’16-Mar’17 Apr’15-Mar’16 %
M&HCV Sales 15,258 13,240 15 113,296 109,762 3
LCV Sales 3,424 3,462 (1) 31,770 30,695 4
TOTAL SALES 18,682 16,702 12 145,066 140,457 3

April 3, 2017, Chennai: Ashok Leyland has sold 18,682 units in March 2017 as against 16,702 units during March 2016. The total sales in FY 2017 was at 145,066 units, as against 140,457 units for the FY 2016.

Speaking on the sales performance, Mr. Vinod K. Dasari – CEO and MD, Ashok Leyland said, “We are happy to have achieved an overall growth of 12% during March 2017 and a growth of 3% for FY2017, despite various challenges. The last financial year was significant for us considering the number of new product launches, which were well received by our customers, expansion of dealerships in North and East, opening up assembly unit in Dhaka and offices in Dubai and Bangladesh closer to our customers has led to a positive growth both in domestic and overseas markets.”

Further commenting on BSIII verdict from the Supreme court, he added, “The industry has been affected by this unexpected outcome. However at Ashok Leyland we are currently working on minimizing the impact of this decision.”