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• Ashok Leyland reported an 11% increase in consolidated net profit to INR 1,381.32 crore for the quarter ended March 31, 2026.
• Consolidated revenue from operations during Q4 FY26 rose to INR 17,246.44 crore from INR 14,695.55 crore a year earlier.
• The company’s board granted in-principle approval to raise INR 300 crore through non-convertible debentures on a private placement basis.
• FY26 commercial vehicle sales and export volumes reached record highs, with overall CV sales crossing 2.20 lakh units.
• The company also declared a second interim dividend of INR 2.50 per equity share for FY26.
Ashok Leyland reported an 11% increase in consolidated net profit for the fourth quarter of FY26, supported by higher revenues and record commercial vehicle sales volumes during the financial year. Advertisement
The commercial vehicle manufacturer posted a consolidated net profit of INR 1,381.32 crore for the quarter ended March 31, 2026, compared with INR 1,245.92 crore recorded during the corresponding period of the previous financial year, according to a regulatory filing issued in the past week.
Consolidated revenue from operations during Q4 FY26 rose to INR 17,246.44 crore from INR 14,695.55 crore in the year-ago quarter. Total expenses for the reporting quarter increased to INR 15,492.83 crore compared with INR 13,097.25 crore recorded during the same period last year.
For the full financial year FY26, the company reported consolidated net profit of INR 3,720.98 crore, up from INR 3,382.79 crore in FY25. Consolidated revenue from operations for the year stood at INR 56,362.08 crore against INR 48,535.14 crore reported in the previous financial year.
The company stated that its board had granted in-principle approval for raising up to INR 300 crore through the issuance of non-convertible debentures on a private placement basis. The board also declared a second interim dividend of INR 2.50 per equity share with a face value of Re 1 each for FY26.
Ashok Leyland stated that overall commercial vehicle volumes during FY26 reached an all-time high of 2,20,437 units, surpassing the company’s earlier peak of 1,97,366 units achieved in FY19. Export volumes also touched a record level of 18,082 units during the year, reflecting growth of 18.5% compared with 15,255 units recorded in FY25.
Dheeraj Hinduja stated that the company achieved record operational and financial milestones during FY26 across multiple business verticals. He said the strong performance in commercial vehicle and export volumes reflected sustained customer demand and confidence in the company’s products.
Hinduja further stated that the company also witnessed significant growth across its power solutions, aftermarket and electric mobility businesses during the financial year. He added that Ashok Leyland’s defence order pipeline had reached its highest level so far, which could support future business growth. The chairman also noted that the company’s entry into the Indonesian market was expected to strengthen its international expansion strategy and support growth ambitions in overseas markets.
Source - PTI
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