Ashok Leyland Reports 13% Profit Growth in Q1 with Margin Expansion
Ashok Leyland achieved its highest-ever Q1 revenue of Rs 8,724.50 crore, a 1.5% increase year-over-year. The company's EBITDA rose 6% to Rs 969.50 crore, with EBITDA margin improving from 10.6% to 11.1%. Net profit increased by 13% to Rs 593.70 crore, surpassing market estimates. The company reported record CV volumes of 44,238 units and growth in export volumes. Ashok Leyland's shares surged over 3% following the results announcement, settling 1.75% higher at Rs 121.83.

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Ashok Leyland , the Indian flagship of the Hinduja Group, has reported exceptional financial results for the first quarter, setting new records in various key metrics.
Record-Breaking Performance
The commercial vehicle manufacturer achieved its highest-ever Q1 revenue of Rs 8,724.50 crore, a 1.5% increase from Rs 8,598.50 crore in the same period last year. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose 6% to Rs 969.50 crore from Rs 911.00 crore in the corresponding quarter, marking an improvement in EBITDA margin from 10.6% to 11.1%.
Profit Surge and Market Performance
Ashok Leyland's net profit saw a significant increase of 13% year-on-year, jumping to Rs 593.70 crore from Rs 525.50 crore, surpassing market estimates. Following the results announcement, Ashok Leyland shares surged over 3% during trading, reaching as high as Rs 124.00 on the NSE before settling 1.75% higher at Rs 121.83. The stock has declined 1.03% over the past 12 months but gained 10.70% year-to-date. Trading volume was 7.39 times the 30-day average.
Diverse Business Growth
The company reported strong performances across various segments, including:
- Record CV volumes of 44,238 units
- Growth in export volumes
- Significant contributions from Power Solutions, Aftermarket, and Defence businesses
Electric Mobility Progress
Notably, the company's electric mobility subsidiary, Switch Mobility, has been making progress in the electric vehicle segment.
Management Commentary
The management has expressed satisfaction with the Q1 performance, highlighting the company's effective market execution and cost management. They emphasized efforts to strengthen the company's position in international markets and the defense business.
Financial Position
Ashok Leyland's strong financial results and market performance position it well for continued success in the commercial vehicle market.
Note: All financial figures are in Indian Rupees (INR).
Historical Stock Returns for Ashok Leyland
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.54% | +3.80% | -0.80% | +25.63% | +35.97% | +246.04% |















































