Ashok Leyland October Sales Rise 23% to 21,888 Units; Shares Gain 2.13%

Mumbai, November 02: Ashok Leyland Limited shares were trading at ₹147.91, up 2.13%, at 9:22:14 AM IST on Monday. Separately, the commercial vehicle manufacturer reported a 23% year-on-year increase in total vehicle sales, including exports, to 21,888 units in October 2026, compared with 17,820 units in October 2025.

Ashok Leyland October Sales Breakdown

Domestic sales rose 24% to 20,224 units from 16,314 units a year earlier. Medium and heavy commercial vehicle (M&HCV) sales in the domestic market increased 32% to 12,646 units from 9,611 units.

Domestic M&HCV truck sales climbed 39% to 11,102 units, while bus sales declined 6% to 1,544 units. Light commercial vehicle (LCV) sales grew 13% to 7,578 units compared with 6,703 units in October 2025.

Including exports, M&HCV sales increased 28% to 13,927 units from 10,865 units. M&HCV truck sales rose 41% to 11,613 units, while bus sales declined 11% to 2,314 units. LCV sales, including exports, grew 14% to 7,961 units from 6,955 units.

Cumulative Sales Growth in FY27

For April-October FY27, domestic vehicle sales increased 24% to 1,26,101 units from 1,01,873 units in the corresponding period last year.

Total sales, including exports, rose 22% to 1,35,328 units from 1,11,174 units. Cumulative M&HCV truck sales, including exports, grew 35% to 69,368 units, while LCV sales increased 20% to 49,800 units.

Stock Market Snapshot

The Ashok Leyland share price was trading at ₹147.91, up 2.13% on Monday, November 2, compared with the previous close of ₹144.82. The stock opened at ₹146.08.

The quote reflects the intraday price displayed at 9:22:14 AM IST. The price movement alone does not establish a direct link between the sales announcement and the stock’s performance.

About Ashok Leyland

Ashok Leyland Limited is a commercial vehicle manufacturer and the flagship company of the Hinduja Group. Its portfolio includes trucks, buses, light commercial vehicles, engines and defence vehicles.

Conclusion

Ashok Leyland recorded double-digit sales growth in October 2026, led by M&HCV trucks. Domestic sales increased 24%, while total sales, including exports, rose 23% year-on-year.

Source:

• https://www.nseindia.com/get-quote/equity/ASHOKLEY/Ashok-Leyland-Limited
• https://nsearchives.nseindia.com/corporate/ASHOKLEYLAND_02112026083345_42salesvolumeOct2026PDF.pdf