Ashok Leyland Ltd., Bajaj Auto Ltd. and TVS Motor Ltd. reported double-digit growth in July vehicle sales on Monday, supported by higher demand across commercial vehicles, two-wheelers, exports and electric vehicles.
Ashok Leyland's total sales rose 30% year-on-year, while Bajaj Auto recorded a similar increase in overall volumes. TVS Motor posted 38% growth, led by a sharp rise in electric two-wheeler sales and higher domestic demand.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Ashok Leyland Ltd.
Ashok Leyland's total sales rose 30% year-on-year to 19,590 units in July. Domestic sales increased 33% to 17,980 units. Sales of medium and heavy commercial vehicles climbed 29% to 12,270 units, while light commercial vehicle sales rose 32% to 7,320 units.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
ALSO READ: Five Stocks to Buy Today: Netweb Technologies, Bharti Airtel, Ashok Leyland, And More | August 3
Bajaj Auto Ltd.
Bajaj Auto reported a 30% year-on-year increase in total sales to 4.7 lakh units in July. The two-wheeler sales rose 31% to 3.9 lakh units, while commercial vehicle sales increased 23% to 85,958 units. The domestic sales grew 20% to 2.2 lakh units. Exports rose at a faster pace, increasing 39% to 2.5 lakh units during the month.
TVS Motor Company Ltd.
TVS Motor Company, part of TVS Venu, recorded a 38% rise in monthly sales to 629,675 units in July 2026 from 456,350 units a year earlier. The total two-wheeler sales increased 38% to 603,138 units from 438,790 units. Domestic two-wheeler sales rose 42% to 437,394 units from 308,720 units while the electric two-wheeler sales jumped 158% to 60,934 units from 23,605 units in July 2025.
The company's international business grew 29% to 184,264 units from 142,629 units. Two-wheeler international sales increased 27% to 165,744 units from 130,070 units. Three-wheeler sales rose 51% to 26,537 units from 17,560 units a year earlier.
Check July Auto Sales Highlights Here
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
