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Key Highlights:
Ashok Leyland, a leading commercial vehicle manufacturer in India, recorded a 3% increase in total sales in March 2025 compared to March 2024. The company showed positive growth in the domestic market. The company sold 20,041 units in March 2025 compared to 19,518 units in March 2024.
Segment-wise Gross CV Sales for March 2025
Performance: The company recorded a 3% increase in Gross Commercial Vehicle Sales, including a 7% growth in the M&HCV and a 4% decline in the LCV category.
Category-Wise Breakdown: In March 2025, the M&HCV truck category sold 13,019 CVs, up from 12,214 in March 2024. In March 2025, in the LCV category, 7,022 units were sold, compared to 7,304 in March 2024.
Ashok Leyland Domestic sales
Category | March 2025 | March 2024 | YOY Growth % |
M&HCV | 12,882 | 11,773 | 9% |
LCV | 6,428 | 6,800 | -5% |
Total sales | 19,310 | 18,573 | 4% |
Domestic Commercial Vehicle Sales increased by 4%
In the domestic market, Ashok Leyland witnessed a 4% increase in sales, with 19,310 units sold in March 2025, compared to 18,573 units in March 2024.
Segment-wise Domestic Sales Performance
M&HCV Truck Segment: The Medium and Heavy Commercial Vehicle (M&HCV) truck category reported a slight growth of 9% in sales, with 12,882 units sold in March 2025 compared to 11,773 units in March 2024.
LCV Category: In the Light Commercial Vehicle (LCV) category, the company experienced a decline of 5% in sales. The company sold 6,428 units in March 2025 compared to 6,800 units in March 2024.
Ashok Leyland Export sales
Category | March 2025 | March 2024 | Growth % |
M&HCV | 137 | 441 | -69% |
LCV | 594 | 504 | 18% |
Total sales | 731 | 945 | -23% |
Export sales decreased by 23%
The company experienced a 23% decline in export sales, with 731 units shipped in March 2025, down from 945 units in March 2024.
Segment-wise Export Sales Performance
Decline in M&HCV Category: Export sales in the M&HCV category experienced a decline of 69%, with 137 units sold in March 2025, compared to 441 units in March 2024.
Growth in LCV Category: Ashok Leyland witnessed a growth of 18% in the LCV category, with 594 units sold in March 2025, up from 504 units in March 2024.
Also Read: Ashok Leyland Sales Report February 2025: Reports 2.73% Growth
CMV360 Says
Ashok Leyland’s steady growth in the domestic market reflects strong demand for M&HCV trucks, which is a positive sign for the commercial vehicle industry. However, the decline in LCV sales and the sharp drop in exports indicate challenges in international markets and shifting demand trends.
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Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002
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