Small BusinessAshok Leyland Dec sales zoom 164%
Commercial vehicles major Ashok Leyland, Hinduja group"s flagship company, today reported an increase of 164 per cent in its sales in December 2009.
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The company sold 6,099 units in December 2009 compared to 2,307 units in the same month of the previous year, an increase of 164 per cent, a company release said.
The domestic sales of the company stood at 5,536 units for the month, a 294 per cent increase compared to 1,406 units in the corresponding period a year ago, it said.
However, the company"s exports dipped to 563 units as against 901 units in December 2008.
The total sales for the period in April-December 2009 declined by 13 per cent to 38,117 units compared to 43,643 units in the same period of the previous year, it said.
The company witnessed its highest ever State Transport Undertakings sales during December 2009, on the back of Jawaharlal Nehru National Urban-Rural Mission orders.
Overall, the passenger vehicles volume had grown by 182 per cent, it said.
The Medium and Heavy Commercial Vehicle segment registered a good sales in the month up by 432 per cent to 3,319 units as compared to 624 units in the corresponding period last year.
The company said the demand for goods vehicles was back on account of the growth in the industrial production.