Ashok Leyland's Q3 FY 2025-26 Quarterly Results
- 12 Feb 2026
Result Summary
- Ashok Leyland Ltd reported a 18.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 24.5%.
- Its expenses for the quarter were up by 17.1% QoQ and 21.8% YoY.
- The net profit increased 5.2% QoQ and increased 5.2% YoY.
- The earnings per share (EPS) of Ashok Leyland Ltd stood at 1.38 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 15010.65 | 12711.75 | 12060.15 | 18.1% | 24.5% |
Total Expenses | 13127.04 | 11210.52 | 10777.77 | 17.1% | 21.8% |
Profit Before Tax | 1195.34 | 1115.97 | 1124.65 | 7.1% | 6.3% |
Tax | 337.35 | 304.31 | 312.56 | 10.9% | 7.9% |
Profit After Tax | 862.24 | 819.70 | 819.67 | 5.2% | 5.2% |
Earnings Per Share | 1.38 | 1.29 | 2.59 | 7.0% | -46.7% |
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 well-established company in the commercial vehicle sector, primarily known for manufacturing a wide range of trucks, buses, light vehicles, and engines. The company is a leader in the Indian commercial vehicle industry and has a strong presence in the domestic market. Ashok Leyland is part of the Hinduja Group, a diversified multinational conglomerate. The company has been focusing on expanding its product range and enhancing its technological capabilities to meet evolving customer demands and regulatory requirements. Notable recent developments include its efforts towards electric mobility and alternative fuel vehicles to align with global sustainability trends.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Ashok Leyland Ltd reported a total income of ₹15,010.65 crores, marking an increase from ₹12,711.75 crores in the previous quarter (Q2FY26) and ₹12,060.15 crores in the same quarter of the previous year (Q3FY25). This represents a quarter-over-quarter growth rate of 18.1% and a year-over-year growth rate of 24.5%. The rise in total income suggests continued expansion in the company's market reach and sales volume over the considered periods.
Profitability
For Q3FY26, Ashok Leyland Ltd's profit before tax stood at ₹1,195.34 crores, up from ₹1,115.97 crores in Q2FY26 and ₹1,124.65 crores in Q3FY25. This translates to a quarter-over-quarter increase of 7.1% and a year-over-year increase of 6.3%. The tax expense for the quarter amounted to ₹337.35 crores, resulting in a profit after tax of ₹862.24 crores. Compared to Q2FY26 and Q3FY25, this represents a 5.2% increase in profit after tax. Earnings per share (EPS) for Q3FY26 was ₹1.38, which reflects a 7.0% improvement QoQ but a 46.7% decline YoY, indicating a significant change in EPS compared to the previous year.
Operating Metrics
The total expenses for Ashok Leyland Ltd in Q3FY26 were ₹13,127.04 crores, showing a rise from ₹11,210.52 crores in Q2FY26 and ₹10,777.77 crores in Q3FY25. This indicates a quarter-over-quarter growth of 17.1% and a year-over-year increase of 21.8%. The company's ability to manage its operational costs while growing its total income reflects in these figures. The data shows that the company is experiencing growth in income at a slightly faster rate than its expenses, which is an important aspect of operational efficiency. The analysis of these metrics provides insights into the company's cost management strategies and operational scalability in the current financial environment.