Ashok Leyland Ltd. reported a 13% year-on-year growth in net profit for the first quarter of fiscal 2026. Standalone net profit of the truckmaker rose to Rs 593.70 crore versus Rs 525.50 crore year-on-year in the three months ended June.
The revenue rose 1.5% to Rs 8,724.50 crore, according to an exchange filing on Thursday.
Ashok Leyland Q1 Highlights (Standalone, YoY)
Revenue up 1.5% to Rs 8,724.50 crore versus Rs 8,598.50 crore
Ebitda up 6% to Rs 969.50 crore versus Rs 910.85 crore
Margin at 11.1% versus 10.6%
Net profit up 13% to Rs 593.70 crore versus Rs 525.50 crore
Shares of Ashok Leyland surged over 3% after the company posted its first-quarter results on Thursday. The stock rose as much as 3.57% during trade so far to Rs 124 apiece on the NSE. It was trading 1.75% higher at Rs 121.83 apiece, compared to a 0.07% advance in the benchmark Nifty 50 as of 1:27 p.m.
It has fallen 1.03% in the last 12 months and risen 10.70% on a year-to-date basis. The total traded volume so far in the day stood at 7.39 times its 30-day average. The relative strength index was at 53.07.
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