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While medium & heavy commercial vehicles (M&HCV) sales increased 3% YoY to 7,933 units, total light commercial vehicles (LCV) sales grew 21% YoY to 5,041 last month.
The company's domestic sales of commercial vehicles during the period under review aggregated to 12,366 units, higher by 10% compared with the same period last year.
Ashok Leyland is engaged in manufacture and sale of a wide range of commercial vehicles. The company also manufactures engines for industrial and marine applications, forgings and castings.
The company reported net profit of Rs 361.34 crore in Q3 FY23 compared with net loss of Rs 5.76 crore in Q3 FY22. Net sales jumped 63.3% to Rs 8,984.95 crore in Q3 FY23 as against Rs 5,503.64 crore in Q3 FY22.
The scrip slipped 1.71% to currently trade at Rs 143.45 on the BSE.
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