Ashok Leyland reported 82% decline in total sales at 2,132 units for June 2020, as against 12,085 units in the same month last year.
Total sales of medium and heavy commercial vehicles (M&HCV) dropped by 91% to 755 units in June as against 8427 units in the year-ago period. Light commercial vehicles (LCV) sales declined by 63% to 1639 units in June 2020 as against 4383 units in June 2019.
The announcement was made after trading hours yesterday, 1 July 2020. Shares of Ashok Leyland gained 2.66% to close at Rs 48.20 on 1 July 2020.
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.
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