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Ashok Leyland Posts Highest-Ever Quarterly Profit

Commercial vehicle manufacturer Ashok Leyland announced its quarterly and annual financial results on Thursday, 28 May, revealing a significant increase in profit after tax (PAT), revenue, and earnings before interest, tax, depreciation, and amortisation (EBITDA).

The company's standalone net profit rose by 12.7% year-on-year (YoY) to ₹1,404.7 crore in Q4FY26, surpassing the ₹1,245.87 crore recorded in the corresponding period last year. On a sequential basis, the figure increased by 76% from ₹796.02 crore posted at the end of the December quarter.

Ashok Leyland's revenue from operations also saw a significant increase, rising by 19% YoY to ₹14,160 crore in the January-March quarter of FY26, compared to ₹11,907 crore posted in the same quarter a year ago.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Q4 FY26Q4 FY25
Revenue₹14,160 crore
YoY Increase19%

The company reported an EBITDA of ₹2,066 crore for Q4 FY26, up 15% from ₹1,791 crore for the same period last year.

For the full financial year, Ashok Leyland's profit rose 8% YoY to ₹3,566 crore while the revenues jumped 14% to ₹44,007 crore.

The Board of Directors of Ashok Leyland has declared a second interim dividend of ₹2.50 per equity share of ₹1/- each for the financial year ended March 31, 2026. The dividend will be paid on or before 26 June, and the record date for determining eligible members is set for Wednesday, 3 June. The company has also announced that there will be no final dividend for FY 2025-26.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Investor Takeaway

Investors should take note of Ashok Leyland's strong quarterly performance, driven by increased volumes and revenue.

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