Ashok Leyland's Q2 FY 2025-26 Quarterly Results

Result Summary

• Ashok Leyland Ltd reported a 7.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.9%.
• Its expenses for the quarter were up by 5.7% QoQ and 10.5% YoY.
• The net profit increased 24.6% QoQ and increased 6.9% YoY.
• The earnings per share (EPS) of Ashok Leyland Ltd stood at 1.29 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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, a prominent player in the automotive industry, primarily focuses on manufacturing commercial vehicles, including trucks, buses, and light commercial vehicles. As one of India's leading commercial vehicle manufacturers, the company operates in a competitive market characterized by innovation and rapid technological advancements. Ashok Leyland has a strong presence in both domestic and international markets, exporting to over 50 countries. Recent developments might include initiatives in electric vehicles and strategic partnerships to enhance its product offerings and market reach; however, specific recent developments are not available in the provided data.

Revenue

In the second quarter of the fiscal year 2026, Ashok Leyland Ltd reported a total income of ₹12,711.75 crores. This represents a 7.7% increase compared to the previous quarter (Q1FY26), where the total income was ₹11,807.20 crores. Furthermore, when compared to the same quarter in the previous year (Q2FY25), the total income showed a year-over-year growth of 12.9% from ₹11,261.84 crores. These figures reflect a consistent upward trend in revenue generation over the past year and quarter.

Profitability

The company's profitability metrics for Q2FY26 show a profit before tax of ₹1,115.97 crores, which is a 25.9% increase from ₹886.67 crores reported in Q1FY26. This represents a year-over-year increase of 4.6% compared to the same quarter of the previous year (Q2FY25), where the profit before tax was ₹1,066.72 crores. The tax expense for Q2FY26 stood at ₹304.31 crores, with a noticeable quarter-over-quarter increase of 30.2% from Q1FY26, although it slightly decreased by 2.3% YoY. Consequently, the profit after tax for Q2FY26 was ₹819.70 crores, marking a 24.6% QoQ growth and a 6.9% YoY increase. Earnings per share were reported at ₹1.29, showing a 24.0% increase from the previous quarter but a significant decline of 46.3% compared to the previous year.

Operating Metrics

The total expenses for Ashok Leyland Ltd in Q2FY26 were ₹11,210.52 crores, reflecting a 5.7% increase from the previous quarter (Q1FY26), where expenses were ₹10,601.21 crores. Year-over-year, total expenses grew by 10.5% from ₹10,149.24 crores in Q2FY25. This increase in expenses, parallel with revenue growth, indicates an expansion in operational activities. The company's efficient management of expenses relative to income has resulted in improving profitability margins over the quarters. Additionally, the company's focus on operational efficiency is evident from the growth trends, although specific operational metrics like P/E ratio, debt-to-equity ratio, or current ratio were not provided in the available data.