Ashok Leyland sales slip 6% in April, M&HCV bus segment falls 22%
Published on 02/05/2025 11:44 AM
Ashok Leyland sales slip 6% in April, M&HCV bus segment falls 22%The drop was primarily driven by weakness in the medium and heavy commercial vehicle (M\&HCV) bus segment, which saw a 22% decline to 1,841 units, compared to 2,371 units in the same month last year. M\&HCV truck sales also dropped 9% YoY to 6,119 units.By Asmita Pant May 2, 2025, 11:44:17 AM IST (Updated)1 Min ReadAshok Leyland reported a 6% year-on-year decline in total vehicle sales for April 2025, with combined domestic and export volumes reaching 13,421 units, down from 14,271 units in April 2024. The CNBC-TV18 poll had estimated the number to come in at 14,246 units.
Also Read: RailTel Corporation shares soar 12% after revenue, profit hit multi-quarter high in Q4
The drop was primarily driven by weakness in the medium and heavy commercial vehicle (M&HCV) bus segment, which saw a 22% decline to 1,841 units, compared to 2,371 units in the same month last year. M\&HCV truck sales also dropped 9% YoY to 6,119 units.
In the domestic market alone, total sales stood at 12,509 units, down 7% from 13,446 units in April 2024. Domestic M&HCV truck sales fell 10%, while bus sales plunged 28%. However, light commercial vehicle (LCV) sales rose 6% to 5,103 units in the domestic market and 5,461 units overall.
Catch live market updates with CNBC-TV18.com's blogContinue ReadingFirst Published: May 2, 2025 11:34 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAshok Leyland