Noida, May 28 (APAC Media): Truck-maker Ashok Leyland on Thursday reported a 13% year-on-year rise in consolidated net profit to Rs 1,405 crore for the fourth quarter ended March 31, compared with Rs 1,246 crore in the corresponding period last year, according to a regulatory filing.
The company said cash generated during the quarter stood at Rs 3,280 crore.
Ashok Leyland reported EBITDA of Rs 2,066 crore for the fourth quarter of FY26, up 15% from Rs 1,791 crore recorded in the corresponding period previous year.
Truck Maker reported revenue of Rs 17,246.44 crore for the fourth quarter of FY26, up 17.4% from Rs 14,695.55 crore in the corresponding period last year.
The Board of Directors declared a second interim dividend of Rs 2.50 per share (face value Re 1 per share). Including the interim dividend declared and paid during the third quarter, the total dividend for FY26 stands at Rs 3.50 per share, representing 350%.
“Achieving these record-breaking milestones and delivering a strong financial performance across our businesses is a matter of immense pride for us. Our CV and export volumes were at an all-time high, reflecting the deep trust our customers place in us. The company delivered significant growth in power solutions, aftermarket and electric mobility businesses. 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 a further boost to our ambition in global markets. The record financial performance is backed by relentless innovation, unwavering focus on customer satisfaction, and ability to accelerate our ambition in global markets. We are well-positioned to sustain profitable growth and create long-term value.†Dheeraj Hinduja, Chairman, Ashok Leyland Limited, said.
The Commercial vehicle company said overall commercial vehicle (CV) volumes rose to an all-time high of 220,437 units in FY26, surpassing the previous peak of 197,366 units recorded in FY19. Total CV volumes for the year grew 13% year-on-year.
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Light commercial vehicle (LCV) volumes also touched a record high of 74,322 units, exceeding the earlier peak of 66,633 units achieved in FY24. Export volumes climbed 18.5% to a historic high of 18,082 units in FY26, compared with 15,255 units in the previous year.
The commercial vehicle major noted its power solutions and aftermarket businesses maintained strong growth momentum during the year, while key subsidiaries accelerated their growth trajectories.
Switch Mobility reported a 238% jump in e-bus volumes to 1,530 units in FY26, while e-LCV volumes increased 56% to 1,606 units.
Revenue more than doubled to Rs 1,807 crore, and the company posted a profit after tax (PAT) of Rs 104 crore, compared with a loss of Rs 62 crore in the previous year.
Hinduja Leyland Finance Ltd (standalone) reported a 24% rise in assets under management (AUM) to Rs 59,531 crore in FY26, while PAT increased 20% to Rs 491 crore.
Hinduja Housing Finance (standalone) posted a 15% growth in AUM to Rs 15,937 crore, with PAT rising 4% to Rs 387 crore.
Disclaimer:Â Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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