Ashok Leyland Ltd, the Indian flagship of the Hinduja Group, on Thursday posted its highest-ever net profit for the fourth quarter of FY2025-26 at Rs 1,405 crore, up 13 per cent from Rs 1,246 crore in Q4 last year, mainly driven by strong demand.
The company reported an EBITDA of Rs 2,066 crore for Q4 FY26, up 15 per cent from Rs 1,791 crore for the same period last year.
The operating profit before tax (PBT) for the fourth quarter was at Rs 1,909 crore, up 14 per cent in comparison with Rs 1,671 crore for the same period last year.
Dheeraj Hinduja, Chairman, Ashok Leyland Ltd said the company’s commercial vehicle (CV) and export volumes were at an all-time high, reflecting the deep trust of customers in the firm. The company delivered significant growth in power solutions, aftermarket and electric mobility businesses.
“Our defence order pipeline is at its all-time high, signifying ability to deliver superior growth in the coming years. Our entry into Indonesia gives further boost to our ambition in global markets,” he said.
Moreover, the record financial performance is backed by relentless innovation, unwavering focus on customer satisfaction and ability to accelerate our ambition in global markets. We are well-positioned to sustain profitable growth and create long-term value, said Hinduja.
The company ended the financial year with net cash of Rs 5,899 crore, in comparison Rs 4,242 crore at the end of the previous year.
Overall CV volumes scaled a new all-time high of 220,437 units, surpassing the previous peak of 197,366 units achieved in FY19. The CV volumes in FY26 were up 13 per cent from last year.
LCV volumes set a new benchmark, reaching 74,322 units, well above the earlier high of 66,633 units in FY24.
Export volumes also reached a historic high of 18,082 units, delivering a robust growth of 18.5 per cent over the previous year’s 15,255 units.
Furthermore, the company’s major subsidiaries further accelerated their growth journeys during FY26. Switch Mobility delivered a standout performance, with a surge in e-bus volumes to 1,530 units, growing by 238 per cent over the previous year.
