New Delhi: Several automobile companies have released their annual sales result on Monday. Maruti Suzuki India and Ashok Leyland has reported a decline in sales where as Toyota Kirloskar Motor has noted increase in their sales.
1. Maruti reports 1.6% dip in March sales at 1,58,076 units
The country's largest car maker Maruti Suzuki India today reported 1.6 per cent decline in sales at 1,58,076 units in March. The company had sold 1,60,598 units in March last year, Maruti Suzuki India (MSI) said in a statement.
Domestic sales declined marginally at 1,47,613 units last month as against 1,48,582 units in the year-ago month, it added. Sales of mini cars comprising Alto were at 16,826 units as compared to 37,511 units in March last year, down 55.1 per cent.
2. Toyota Kirloskar sales up marginally in March to 13,662 units
Toyota Kirloskar Motor (TKM) on Monday reported marginal increase in total vehicle sales in March to 13,662 units, compared with 13,537 units in the same month last year. In the domestic market, the company reported sales of 12,818 units last month, up 2 per cent as compared with 12,539 units in March 2018, TKM said in a statement.
3. Ashok Leyland sales dip 4% to 21,535 units in March
Hinduja Group flagship firm Ashok Leyland reported on Monday a 4 per cent decline in total sales at 21,535 units in March this year as against 22,453 units during the same month of the previous year.
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Sales of medium and heavy commercial vehicles during the month under review declined 6 per cent to 16,034 units as against 17,057 units in a year-ago month, Ashok Leyland said in a BSE filing.
Light commercial vehicles sales, however, grew 2 per cent to 5,501 units in March compared to 5,396 units in the corresponding month last year.
4. Escorts tractor sales up 1% in March at 11,905 units
Farm equipment major Escorts Ltd on Monday reported 1 per cent increase in its tractor sales at 11,905 units in March. The company had sold 11,790 units in the same month last year, Escorts Ltd said in a regulatory filing.
For the fiscal ended March 31, Escorts Ltd said its total sales grew by 19.9 per cent to 96,412 units as compared to 80,417 units in the previous year.
5. M&M sales up 1 % in March at 62,952 units
Mahindra & Mahindra (M&M) on Monday reported one per cent increase in total sales at 62,952 units in March. The company had clocked total sales of 62,076 units in the same month last year, M&M said in a statement.
For the financial year ended March 31, 2019, the company posted sales of 6,08,596 units, up 11 per cent from 5,49,153 units in 2017-18.
