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Ashok Leyland28 MayBusinessHigh confidence

Ashok Leyland Posts Record Revenues and Profits for Q4 and FY26

Annual Revenue

Rs 44,007 Cr

Annual EBITDA

Rs 5,732 Cr

CV Volumes

220,437 units

What Happened

Ashok Leyland Limited announced its highest-ever quarterly and annual financial performance for Q4 and fiscal year FY26. The company reported record revenues, EBITDA, and profit after tax, driven by strong commercial vehicle volumes, including all-time highs in total CV, LCV, and export volumes. The company also highlighted continued momentum in its Power Solutions, Aftermarket, and Electric Mobility businesses, with Switch Mobility delivering a standout performance in e-buses and e-LCVs.

FY26 vs FY25 Financial Highlights
Revenue
FY26: Rs 44,007 Cr vs FY25: Rs 38,753 Cr (+14%)
Operating PBT
FY26: Rs 5,163 Cr vs FY25: Rs 4,245 Cr (+22%)
Profit After Tax
FY26: Rs 3,566 Cr vs FY25: Rs 3,303 Cr (+8%)
Commercial Vehicle Volumes

220,437 unitsunits

All-time high; 13% growth over previous year

Achieving these record-breaking milestones and delivering a strong financial performance across our businesses is a matter of immense pride for us. Our CV and export volumes were at an all-time high, reflecting the deep trust our customers place in us.
Mr. Dheeraj Hinduja, Chairman, Ashok Leyland Limited

Why this matters

The record results underscore strong demand and successful premiumization strategy, strengthening the company's position for future investments in product development and global expansion.

Terms in This Story

EBITDA
Earnings before interest, taxes, depreciation, and amortization; a measure of a company's operating profitability.
PAT
Profit after tax; net income after all expenses and taxes.
PBT
Profit before tax; net income before income taxes.
CV
Commercial vehicle; includes trucks and buses used for business purposes.
Read Original: Ashok Leyland