India Ltd (MSIL) posted total sales of 167,014 units in March 2021. The company
sold 149,518 units of passenger vehicle (PV) and light commercial vehicle (LCV),
and sales to other OEMs accounted for 5,899 units. The company also exported 11,597
MSIL domestic sales in FY 19-20 had fallen by 18 per cent due to reasons
that are well known and in FY 20-21 have been impacted due to COVID related
factors. Domestic sales in March 2020 had dropped about 48 per cent due to
COVID related disruptions. It will be seen that domestic sales in March 2021
have only recovered to March 2019 levels.
For the full financial year 2020-21, the company posted a total sales of
1,457,861 units, which is 6.7 per cent lower than FY 2019-20. Total sales in
the year include domestic sales of 1,323,396 units, sales to other OEMs of
38,326 units and exports of 96,139 units.
The sales figures for March 2021 and FY 2020-21 are given below: