Ashok Leyland’s fourth quarter net profit rose 11% to Rs 1,381.32 crore. Strong revenue growth, dividends declared, and record CV and export volumes.
The company, which had posted a consolidated net profit of Rs 1,245.92 crore in the same period last fiscal, said its board has given in-principle approval to raise Rs 300 crore by issuing 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, compared to Rs 14,695.55 crore in the year-ago period.
The company said total expenses in the quarter under review were Rs 15,492.83 crore, higher than Rs 13,097.25 crore in the same period a year ago.
It said that for FY26, consolidated net profit stood at Rs 3,720.98 crore, while in FY25 it was Rs 3,382.79 crore.
Consolidated revenue from operations stood at Rs 56,362.08 crore in FY26, compared to Rs 48,535.14 crore in FY25.
The company’s board of directors, in its meeting held on Thursday, has declared a second interim dividend of Rs 2.50 on each equity share of Re 1 for the financial year ending March 31, 2026, the filing said.
The company said that in FY26, its overall commercial vehicle (CV) volumes reached a new all-time high of 2,20,437 units, surpassing the previous peak of 1,97,366 units achieved in FY2019.
Export volumes also reached a historic high of 18,082 units, providing a strong growth of 18.5 percent compared to 15,255 units last year.
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 have in us,” he said. He said the company has also achieved significant growth in power solutions, aftermarket and electric mobility businesses.
He further added, “Our defense order pipeline is at an all-time high, reflecting our potential to deliver strong growth in the coming years. Our entry into Indonesia further boosts our ambitions in global markets.”