Ashok leyland reported a consolidated net profit at Rs 819.70 crore in Q2FY26, up 6.93% year-on-year (YoY) from Rs 766.55 reported in Q2FY25. Revenue stood at Rs 10,543.97 crore in the second quarter, marking an increase of 9.40% from Rs 9,638.31 crore in Q2FY25.
on sequential basis, the commercial vehicle manufacturers reported an increase of 24.63% from Rs 657.72 crore reported in Q1FY26. Revenue increased 7.57% QoQ from Rs 9,801.81 crore in Q1FY26.
Ashok Leyland declares interim dividend of Rs 1/ sh
Furthermore, Ashok Leyland has announced an interim dividend of Rs 1 per equity share. The company has fixed November 18 as the record date for determining the eligible shareholders for the dividend. The company will pay the dividend on or before December 11, 2025.
On a stand alone basis, the company reported its all time high net profit of Rs 771 crore in Q2FY26 as against Rs 770 crore in Q2FY25.
Exports surge 45% in the quarter
Ashok Leyland said its MHCV volumes in Q2 saw a jump of 3% from 25,542 units to 26,307 units and 6% in the LCV segment from 16,629 to 17,697 units on a year on year basis.
The export volumes for the quarter stood at 4,784 units, up 45% on a year on year basis.
“We continue to deliver profitable growth, driven by continuing demand. Our robust all-round performance symbolises the competitiveness of our products and strong customer focus. In the International business we are intensifying our expansion strategy in our focus markets of Middle East, Africa and SAARC,” Ashok Leyland Chairman Dheeraj Hinduja said.
Ashok Leyland MD and CEO Shenu Agarwal said the company continues to see stable demand in all segments of trucks and buses. “The industry has posted growth, albeit modest, and we are anticipating to witness better growth in the second half,” he said. “Margin expansion is being driven by product premiumisation, network growth, operational efficiency, cost optimisation, and digital enablement,” Agarwal added.
