Ashok Leyland's Q1 FY 2026-27 Quarterly Results

Result Summary

• Ashok Leyland Ltd reported a 23.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 12.3%.
• Its expenses for the quarter were down by 22.5% QoQ and up 11.7% YoY.
• The net profit decreased 51.7% QoQ and increased 1.5% YoY.
• The earnings per share (EPS) of Ashok Leyland Ltd stood at 1.05 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ashok Leyland Ltd is a leading manufacturer in the commercial vehicle industry, primarily known for its production of trucks and buses. The company is headquartered in Chennai, India, and is a flagship company of the Hinduja Group. Ashok Leyland has a strong presence in the domestic and international markets, offering a comprehensive range of products and services that cater to varying transportation needs. In recent years, the company has focused on expanding its product portfolio to include electric and alternative fuel vehicles, aligning with global trends towards sustainable and environmentally friendly transportation solutions. However, specific recent developments or strategic initiatives beyond October 2023 are not available in the provided data.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Ashok Leyland Ltd reported a total income of ₹13,258.24 crores. This represents a 12.3% year-over-year (YoY) increase compared to the total income of ₹11,807.20 crores in the first quarter of the previous fiscal year (Q1FY26). On a quarter-over-quarter (QoQ) basis, there was a decline of 23.9% from a total income of ₹17,417.30 crores in the fourth quarter of fiscal year 2026 (Q4FY26). These figures reflect the company's ability to generate revenue over different periods, showing a positive annual growth despite the quarterly decline.

Profitability

For Q1FY27, Ashok Leyland Ltd recorded a profit before tax of ₹943.58 crores, reflecting a 6.4% increase YoY from ₹886.67 crores in Q1FY26. However, there was a significant QoQ decrease of 50.5% from ₹1,905.19 crores in Q4FY26. The profit after tax for Q1FY27 was ₹667.77 crores, marking a slight YoY increase of 1.5% compared to ₹657.72 crores in Q1FY26, but a QoQ decline of 51.7% from ₹1,381.32 crores in Q4FY26. The earnings per share for Q1FY27 stood at ₹1.05, slightly up by 1.0% YoY from ₹1.04 in Q1FY26, yet down by 52.3% QoQ from ₹2.20 in Q4FY26. These profitability metrics highlight the variations in the company's financial performance over the periods.

Operating Metrics

The total expenses for Ashok Leyland Ltd in Q1FY27 amounted to ₹11,842.70 crores. This figure represents an 11.7% increase YoY from ₹10,601.21 crores in Q1FY26, while also showing a 22.5% QoQ decrease from ₹15,286.28 crores in Q4FY26. The tax expense for Q1FY27 was ₹281.95 crores, which shows a 20.7% increase YoY from ₹233.69 crores in Q1FY26 and a 49.5% decrease QoQ from ₹558.46 crores in Q4FY26. These operating metrics provide insights into the company's cost structure and tax obligations during the specified periods.