Truck-maker Ashok Leyland reported a consolidated net profit of ₹1,291 crore for the January-March quarter of FY26, marking a 14% year-on-year rise from the ₹1,130 crore net profit reported in the corresponding quarter of the previous financial year. According to latest reports from Business Standard, the company's revenue from operations grew more than 17% YoY to ₹17,138.90 crore during the quarter under review, compared to ₹14,636.95 crore in the year-ago period. Total expenses increased over 18% YoY to ₹15,493 crore, while total income rose over 17% YoY to ₹17,417 crore during the fourth quarter which ended on March 31, 2026.
The company achieved several milestone volumes during FY26, with overall CV volumes scaling a new all-time high of 220,437 units, surpassing the previous peak of 197,366 units achieved in FY19. As reported by The Economic Times, CV volumes in FY26 were up 13% from the previous year. LCV volumes set a new benchmark, reaching 74,322 units, well above the earlier high of 66,633 units in FY24. Export volumes also reached a historic high of 18,082 units, delivering robust growth of 18.5% over the previous year's 15,255 units.
Along with the Q4 results, Ashok Leyland announced a second interim dividend of ₹2.5 per share with a face value of Re 1 each for the financial year 2026. According to The Economic Times, the dividend would be paid on or before June 26, with the record date set for June 3 to determine shareholder eligibility. The company stated there will not be any final dividend for FY26. For the full financial year 2026, the company's revenues rose 14% to ₹44,007 crore, while profit increased 8% to ₹3,566 crore, after a one-time charge of ₹308 crore owing to the new labour code.
For the full financial year 2026, Ashok Leyland demonstrated strong annual performance with net profit rising 11.72% to ₹3,471.03 crore compared to ₹3,106.80 crore in the previous year, as reported by Business Standard. The company's sales grew 16% to ₹56,076.03 crore in FY26 versus ₹48,341.76 crore in FY25. The operating profit margin (OPM) stood at 19.30% for the full year, compared to 19.16% in the previous year. PBDT increased 18% to ₹6,676.79 crore and PBT grew 21% to ₹5,539.23 crore during FY26.
