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Ashok Leyland tightens costs, accelerates overseas push
Mint Mumbai
|May 29, 2026
Ashok Leyland is tightening costs, reinforcing supply chains and accelerating its overseas push, including into Indonesia and other Asean (Association of South-east Asian Nations) markets, betting on operational discipline to sustain growth after a year of double-digit earnings expansion, according to top company executive.
India’s third-largest commercial vehicle firm reported 10% year-on-year rise in net profit to ₹3,721 crore and a 16% increase in revenue to ₹56,362 crore for FY26. In the war-hit January-March quarter (Q4FY26), net profit rose 11% to ₹1,381 crore while revenue increased 17% to ₹14,695 crore.
Volumes supported the performance. Truck and bus sales rose 12% to 126,745 units, while light commercial vehicle volumes increased 18% to 74,448 units in FY26.
Managing costs and supply-chain resilience is now central to the company’s approach after the pandemic-led disruption, said Dheeraj Hinduja, chairman of Ashok Leyland, in a post-results interaction with Mint.
Dit verhaal komt uit de May 29, 2026-editie van Mint Mumbai.
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