Ashok Leyland’s May Vehicle Dispatches Up 5.5% On Year

Ashok Leyland reported a 5.46% year-on-year rise in total vehicle dispatches to 15,484 units in May, according to a stock exchange filing on Monday. Sequentially, volumes rose 15.4%, following a decline in April.

Growth was driven by medium and heavy commercial vehicles, which sold 10,282 units, up 11% on year. Truck sales rose 12% to 7,606 units, while bus sales increased 9% to 2,676 units. Light commercial vehicle sales fell 4% to 5,202 units.

Domestic sales reached 14,534 units, up 5%. Within this, medium and heavy commercial vehicle sales rose 10% to 9,386 units, led by a 12% increase in truck sales to 7,466 units. Bus sales improved 1% to 1,920 units, showing recovery from April’s 22% decline. Light commercial vehicle sales in India fell 3% to 5,148 units.

For April-May, total sales volumes remained flat year-on-year at 28,905 units, while domestic sales fell 1% to 27,043 units.