Industrial autos main Ashok Leyland reported a 5 per cent enhance in consolidated net profit to ₹862 crore in the quarter ended December 2025 (Q3FY26) as in opposition to ₹820 crore over the identical interval final 12 months. That is after contemplating a one-time cost of ₹308 crore in direction of new Labour Code.
Income was up 22 per cent to ₹12,702 crore (₹10,375 crore).
On a standalone foundation, the corporate reported a 4 per cent enhance in net profit to ₹796 crore (₹763 crore) on 22 per cent enhance in income to ₹11,477 crore (₹9,436 crore).
The corporate’s Board has beneficial subject of bonus shares in the ratio 1:1 – one fairness share of ₹1 every for each one absolutely up fairness share of ₹1 every.
Dheeraj Hinduja, Government Chairman, Ashok Leyland, mentioned market situations proceed to be beneficial, and the corporate is optimistic that this power will maintain in the medium time period throughout all companies, together with MHCV, LCV, and Defence.
“We’re executing a structured pipeline of product introductions throughout standard and different propulsion platforms to additional strengthen our management in the home market and speed up our growth in worldwide markets,” he mentioned.
The corporate’s electrical automobile arm, Change, has a wholesome order e-book and a well-defined product roadmap. It has began delivering buses in Worldwide markets and has achieved constructive EBITDA and PAT over the primary 9 months, he added.
Medium and Heavy Industrial Automobile (M&HCV) quantity was at 32,929 models in Q3 FY26 versus 26,692 models in Q3 FY25 – development of 23%.
That is larger than Q3 trade development ensuing in market share acquire. The corporate’s home MHCV market share continues to be above 30 per cent.
The corporate additionally has maintained market management in the Bus phase with a 40 per cent market share in Q3, says a press release from Ashok Leyland.
Mild Industrial Automobile (LCV) Quantity was at 20,518 models (15,754), a development of 30 per cent. That is larger than the trade quantity development (VAHAN) ensuing in market share acquire. Exports quantity was up 20 per cent to 4,965 models (4,151 models), the discharge mentioned.
Shenu Agarwal, Managing Director & CEO, Ashok Leyland, mentioned that GST rationalisation has not simply lowered costs, but in addition introduced a fillip to the general freight demand, triggering recent alternative cycle in the trade.
“With supportive macroeconomic fundamentals and bettering buyer sentiment, we stay assured concerning the medium to long-term development prospects of the CV trade. Our technique continues to be anchored in delivering worthwhile development via sustained product premiumisation, structural price competitiveness, wider service protection, and continued focus to develop non-CV companies,“ he mentioned.
In the course of the quarter, Ashok Leyland launched its new HIPPO and TAURUS product vary in Tipper and Tractor Trailer segments. The Defence, Energy Options and Aftermarket Companies additionally continued to carry out nicely.
On the time of submitting this report, the corporate’s share worth on the NSE was buying and selling at ₹206.80, down by ₹2.93(-1.40 per cent)
Printed on February 11, 2026
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