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Ashok Leyland's profit up 5% at ₹862 cr
Business Standard
|February 12, 2026
CV maker incurs a one-time charge of ₹331 crore towards the new Labour Codes
Commercial vehicle major Ashok Leyland has posted a 5 per cent increase in consolidated net profit during the third quarter of FY26 to ₹862 crore, compared to ₹820 crore during the corresponding period last year.
This was after considering a onetime charge of ₹331 crore towards the new Labour Codes.
The revenue of the company, the Indian flagship of the Hinduja Group, was up 22 per cent during the period to ₹12,702 crore compared to ₹10,375 crore during Q3FY25.
On a standalone basis, its net profit, revenue and earnings before interest, taxes, depreciation, and amortization (Ebitda) were seen at all-time high third quarter numbers. Its standalone net profit for Q3 was ₹796 crore, posting an increase of 4 per cent over the same period last year.
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