MUMBAI : Hinduja Group flagship Ashok Leyland is expected to report a loss along with a sharp decline in its March quarter revenues on the back of steep fall in its domestic and export sales, according to various brokerage firms.The country's second largest commercial vehicle maker, which was already grappling with reduced demand in line with the industry on the back of the unprecedented economic slowdown and the impact of new axle load norms over the past 5-6 quarters, saw sales reduced to a fraction in March due to the covid-induced lockdown.The company sold just 2,179 units in March 2020 against 21,535 units in the year-ago period.Ashok Leyland’s March quarter sales fell 57% year-on-year (y-o-y) to 25,504 units against 59,521 units sold.