Ashok Leyland’s May Sales Up by 5%
By Ankur Chandra | Published at: Jun 2, 2025 05:54 PM IST
Ashok Leyland Ltd, the flagship company of the Hinduja Group, reported a 5% year-on-year (YoY) increase in total vehicle sales (including domestic and exports) for May 2025, driven by strong performance in the Medium & Heavy Commercial Vehicle (M&HCV) truck segment.
Key Sales Highlights: May 2025 (YoY)
| Category | May ’25 | May ’24 | YoY Change |
|---|---|---|---|
| Total Vehicles (Domestic + Exports) | 15,484 | 14,682 | +5% |
| M&HCV Trucks | 7,606 | 6,780 | +12% |
| M&HCV Bus | 2,676 | 2,463 | +9% |
| Total M&HCV | 10,282 | 9,243 | +11% |
| LCV | 5,202 | 5,439 | -4% |
Domestic Sales Performance
Domestically, Ashok Leyland sold 14,534 units in May 2025, up 5% from 13,852 units in May 2024. M&HCV truck sales surged 12% YoY, while bus sales remained relatively flat with a 1% rise. The Light Commercial Vehicle (LCV) segment posted a marginal 3% drop.
Cumulative Sales (April–May FY26)
For the first two months of FY26, the company recorded a cumulative total sales volume (domestic + exports) of 28,905 units, almost flat compared to 28,953 units in the same period last year.
| Category | Apr–May ’25 | Apr–May ’24 | Change |
|---|---|---|---|
| M&HCV Trucks | 13,725 | 13,532 | +1% |
| M&HCV Bus | 4,517 | 4,834 | -7% |
| Total M&HCV | 18,242 | 18,366 | -1% |
| LCV | 10,663 | 10,587 | +1% |
| Total Vehicles | 28,905 | 28,953 | (0%) |
Segmental Insights
- M&HCV Segment: Continues to anchor growth with double-digit gains in monthly truck sales. Buses also recovered with modest growth.
- LCV Segment: Faced headwinds in May with a 4% decline, though cumulative figures remain slightly positive YoY.
Strategic Outlook
Ashok Leyland’s steady performance in the M&HCV category underlines its leadership in the heavy-duty commercial segment. Despite softness in the LCV and export segments, the company has maintained growth momentum through robust domestic demand and market penetration.
With a cautiously optimistic market environment and ongoing infrastructure investments, the company is poised to strengthen its commercial vehicle portfolio further in FY26.
REF: https://nsearchives.nseindia.com/corporate/ASHOKLEY_02062025083841_14salesvolumeMay2025.pdf
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