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Ashok Leyland net profit flat at ₹771 crore

Financial Express Lucknow

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November 13, 2025

ASHOK LEYLAND ON Wednesday reported a nearly flat standalone net profit of $771.06 crore for the second quarter of FY26 as muted domestic demand weighed on growth across vehicle categories.

- NARAYANAN V

The commercial vehicle (CV) maker had posted a profit of $770.10 crore in the same period a year ago.

Standalone revenue from operations grew 9% year-on-year to ₹9,588.18 crore. Profit before exceptional items and tax stood at ₹1,083 crore, up 23% from ₹878 crore a year ago. Ebitda margin improved to 12.1% (₹1,162 crore) from 11.6% (₹1,017 crore) in the corresponding period last year.

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