Ashok Leyland Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

17,246.44

14,830.24

12,576.86

11,708.54

14,695.55

11,995.21

11,147.58

Other Operating Income

0.00

Total Operating income

17,246.44

14,830.24

12,576.86

11,708.54

14,695.55

11,995.21

11,147.58

Raw Material Cost

10,323.35

8,203.56

6,812.76

6,887.48

7,974.17

6,933.73

6,206.79

Purchase of Finished goods

452.58

522.91

470.07

449.57

476.33

411.71

428.83

(Increase) / Decrease In Stocks

-44.01

249.34

69.89

-541.55

556.25

-34.25

131.28

Employee Cost

1,277.07

1,162.60

1,170.38

1,123.48

1,125.16

1,037.77

1,042.50

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

1,929.22

1,869.40

1,612.56

1,616.43

1,572.72

1,309.96

1,298.41

Total Expenditure (Excl Depreciation)

13,938.21

12,007.81

10,135.66

9,535.41

11,704.63

9,658.92

9,107.81

Operating Profit (PBDIT) excl Other Income

3,308.23

2,822.43

2,441.20

2,173.13

2,990.92

2,336.29

2,039.77

Other Income

170.86

180.41

134.89

98.66

121.63

64.94

114.26

Operating Profit (PBDIT)

3,479.09

3,002.84

2,576.09

2,271.79

3,112.55

2,401.23

2,154.03

Interest

1,240.61

1,200.12

1,152.02

1,111.90

1,052.82

1,011.27

962.30

Exceptional Items

-19.28

-325.16

-40.00

0.00

-110.89

2.39

119.02

Gross Profit (PBDT)

2,219.20

1,477.56

1,384.07

1,159.89

1,948.84

1,392.35

1,310.75

Depreciation

314.01

282.22

268.10

273.23

339.80

267.70

244.03

Profit Before Tax

1,939.78

1,199.59

1,124.01

891.41

1,620.58

1,132.23

1,078.06

Tax

558.46

337.35

304.31

233.69

374.66

312.56

311.51

Provisions and contingencies

0.00

Profit After Tax

1,346.73

857.99

811.66

652.97

1,234.38

812.09

755.21

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,346.73

857.99

811.66

652.97

1,234.38

812.09

755.21

Share in Profit of Associates

34.59

4.25

8.04

4.75

11.54

7.58

11.34

Minority Interest

90.62

48.75

63.93

46.65

115.83

57.75

60.91

Other related items

0.00

Consolidated Net Profit

1,290.70

813.49

755.77

611.07

1,130.09

761.92

705.64

Equity Capital

587.39

587.35

293.65

293.64

Face Value

1.0

Reserves

13,654.30

12,389.42

11,995.79

11,379.24

11,938.44

10,496.56

10,021.26

Earnings per share (EPS)

2.2

1.38

1.29

1.04

1.92

1.3

1.2

Diluted Earnings per share

2.2

1.38

1.29

1.04

1.92

1.29

1.2

Operating Profit Margin (Excl OI)

19.3%

19.12%

19.5%

18.64%

20.43%

19.56%

18.37%

Gross Profit Margin

12.95%

10.01%

11.06%

9.95%

13.31%

11.66%

11.8%

PAT Margin

8.06%

5.84%

6.55%

5.64%

8.51%

6.86%

6.9%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Mar 2026 is 17.36% vs 8.52% in Mar 2025

Consolidate Net Profit

YoY Growth in quarter ended Mar 2026 is 14.21% vs 32.42% in Mar 2025

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Mar 2026 is 10.61% vs 16.50% in Mar 2025

Interest

YoY Growth in quarter ended Mar 2026 is 17.84% vs 26.96% in Mar 2025

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025

Compare Quarterly Results Of Ashok Leyland With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

17,246.44

12,978.28

4,268.16

32.89%

Other Operating Income

0.00

Total Operating income

17,246.44

12,978.28

4,268.16

32.89%

Raw Material Cost

10,323.35

8,512.82

1,810.53

21.27%

Purchase of Finished goods

452.58

212.37

240.21

113.11%

(Increase) / Decrease In Stocks

-44.01

111.11

-155.12

-139.61%

Employee Cost

1,277.07

701.31

575.76

82.10%

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

1,929.22

1,518.70

410.52

27.03%

Total Expenditure (Excl Depreciation)

13,938.21

11,056.31

2,881.90

26.07%

Operating Profit (PBDIT) excl Other Income

3,308.23

1,921.97

1,386.26

72.13%

Other Income

170.86

210.04

-39.18

-18.65%

Operating Profit (PBDIT)

3,479.09

2,132.01

1,347.08

63.18%

Interest

1,240.61

18.72

1,221.89

6,527.19%

Exceptional Items

-19.28

0.00

-19.28

Gross Profit (PBDT)

2,219.20

2,113.29

105.91

5.01%

Depreciation

314.01

220.50

93.51

42.41%

Profit Before Tax

1,939.78

1,840.52

99.26

5.39%

Tax

558.46

366.60

191.86

52.33%

Provisions and contingencies

0.00

Profit After Tax

1,346.73

1,526.19

-179.46

-11.76%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,346.73

1,526.19

-179.46

-11.76%

Share in Profit of Associates

34.59

-52.27

86.86

166.18%

Minority Interest

90.62

13.92

76.70

551.01%

Other related items

0.00

Consolidated Net Profit

1,290.70

1,460.00

-169.30

-11.60%

Equity Capital

587.39

40.02

547.37

1,367.74%

Face Value

1.00

2.00

0.00

Reserves

13,654.30

0.00

13,654.30

Earnings per share (EPS)

2.20

72.96

-70.76

-96.98%

Diluted Earnings per share

2.20

72.91

-70.71

-96.98%

Operating Profit Margin (Excl OI)

19.30%

14.81%

0.00

4.49%

Gross Profit Margin

12.95%

16.28%

0.00

-3.33%

PAT Margin

8.06%

11.36%

0.00

-3.30%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 17,246.44 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 16.29% vs 17.92% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 17.36% vs 8.52% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 1,290.70 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 58.66% vs 7.64% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 14.21% vs 32.42% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 3,308.23 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 17.21% vs 15.62% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 10.61% vs 16.50% in Mar 2025

Quarterly - Interest

Interest 1,240.61 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 3.37% vs 4.18% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 17.84% vs 26.96% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 19.30%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025