Ashok Leyland Q4 net profit up 11 pc at Rs 1 381.32 cr
New Delhi, May 28 (PTI) Commercial vehicle maker Ashok Leyland on Thursday reported an 11 per cent rise in consolidated
New Delhi, May 28 (PTI) Commercial vehicle maker Ashok Leyland on Thursday reported an 11 per cent rise in consolidated
New Delhi, May 28 (PTI) Commercial vehicle maker Ashok Leyland on Thursday reported an 11 per cent rise in consolidated
New Delhi, May 28 (PTI) Commercial vehicle maker Ashok Leyland on Thursday reported an 11 per cent rise in consolidated
New Delhi, May 28 (PTI) Commercial vehicle maker Ashok Leyland on Thursday reported an 11 per cent rise in consolidated net profit at Rs 1,381.32 crore in the fourth quarter ended March 31, 2026, riding on strong revenue growth.
The company, which posted a consolidated net profit of Rs 1,245.92 crore in the corresponding period of the previous fiscal, said its board has provided in-principle approval for raising Rs 300 crore through issuance of non-convertible debentures on a private placement basis, Ashok Leyland Ltd said in a regulatory filing.
Consolidated revenue from operations in the fourth quarter stood at Rs 17,246.44 crore as against Rs 14,695.55 crore in the year-ago period, it added.
Total expenses in the quarter under review were higher at Rs 15,492.83 crore as compared to Rs 13,097.25 crore in the same period a year ago, the company said.
For FY26, consolidated net profit was at Rs 3,720.98 crore as compared to Rs 3,382.79 crore in FY25, it added.
Consolidated revenue from operations in FY26 stood at Rs 56,362.08 crore as against Rs 48,535.14 crore in FY25.
The board of directors of the company, at their meeting held on Thursday, has declared a second interim dividend of Rs 2.50 per equity share of Re 1 each, for the financial year ended March 31, 2026, the filing said.
The company said in FY26, its overall Commercial Vehicle (CV) volumes scaled a new all-time high of 2,20,437 units, surpassing the previous peak of 1,97,366 units achieved in FY19.
Export volumes also reached a historic high of 18,082 units, delivering a robust growth of 18.5 per cent over the previous year's 15,255 units.
Commenting on the performance, Ashok Leyland Chairman Dheeraj Hinduja said the company achieved record-breaking milestones and delivered a strong financial performance across its businesses.
"Our CV and export volumes were at an all-time high, reflecting the deep trust our customers place in us," he said, adding the company also delivered significant growth in power solutions, aftermarket and electric mobility businesses.
He further said, "Our defence order pipeline is at its all-time high, signifying the ability to deliver superior growth in the coming years. Our entry into Indonesia gives further boost to our ambition in global markets."
The company, which posted a consolidated net profit of Rs 1,245.92 crore in the corresponding period of the previous fiscal, said its board has provided in-principle approval for raising Rs 300 crore through issuance of non-convertible debentures on a private placement basis, Ashok Leyland Ltd said in a regulatory filing.
Consolidated revenue from operations in the fourth quarter stood at Rs 17,246.44 crore as against Rs 14,695.55 crore in the year-ago period, it added.
Total expenses in the quarter under review were higher at Rs 15,492.83 crore as compared to Rs 13,097.25 crore in the same period a year ago, the company said.
For FY26, consolidated net profit was at Rs 3,720.98 crore as compared to Rs 3,382.79 crore in FY25, it added.
Consolidated revenue from operations in FY26 stood at Rs 56,362.08 crore as against Rs 48,535.14 crore in FY25.
The board of directors of the company, at their meeting held on Thursday, has declared a second interim dividend of Rs 2.50 per equity share of Re 1 each, for the financial year ended March 31, 2026, the filing said.
The company said in FY26, its overall Commercial Vehicle (CV) volumes scaled a new all-time high of 2,20,437 units, surpassing the previous peak of 1,97,366 units achieved in FY19.
Export volumes also reached a historic high of 18,082 units, delivering a robust growth of 18.5 per cent over the previous year's 15,255 units.
Commenting on the performance, Ashok Leyland Chairman Dheeraj Hinduja said the company achieved record-breaking milestones and delivered a strong financial performance across its businesses.
"Our CV and export volumes were at an all-time high, reflecting the deep trust our customers place in us," he said, adding the company also delivered significant growth in power solutions, aftermarket and electric mobility businesses.
He further said, "Our defence order pipeline is at its all-time high, signifying the ability to deliver superior growth in the coming years. Our entry into Indonesia gives further boost to our ambition in global markets."
(This story has not been edited by THE WEEK and is auto-generated from PTI)