Ashok Leyland announced a robust second quarter performance, with record volumes, revenue, and profit. The Board of Directors declared an interim dividend of ₹1 per equity share. The company also approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. This performance reflects sustained business momentum and operational strength.
Ashok Leyland Reports Strong Q2 Performance and Declares Interim Dividend
Ashok Leyland delivered a strong performance in the second quarter of the financial year, achieving all-time high commercial vehicle volumes, revenue, and profits. The company’s Board of Directors, at its meeting on November 14, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Reflecting sustained business momentum and operational strength, the company also declared an interim dividend of ₹1.00 per equity share.
Key Financial Highlights
Commercial vehicle (CV) volumes surged by 32% to 64,677 units compared to the corresponding quarter last year. Revenue grew by an impressive 39% to ₹13,364 crore, up from ₹9,588 crore in the previous year, driven by strong market demand and improved price realization. Profit Before Tax (PBT) for the quarter reached ₹1,187 crore, a 14% increase year-on-year. Profit After Tax (PAT) stood at ₹869 crore, registering a 13% growth.
Segment Performance
In the Medium and Heavy Commercial Vehicle (MHCV) segment, Ashok Leyland outperformed the industry with a 44% year-on-year growth in volumes to 37,958 units. The domestic MHCV truck volumes surged 48%, significantly outpacing the industry growth of 41%. In the Light Commercial Vehicle (LCV) segment, volumes grew by 21% to 21,371 units. Export volumes for the quarter stood at 5,102 units, a 7% year-on-year increase.
Dividend Declaration
The Board of Directors has declared an interim dividend of ₹1 per equity share (100%) on a face value of ₹1 per share for the financial year ending March 31, 2027. The dividend will be paid on or before December 13, 2026. The record date for determining eligible members is November 20, 2026.
Forward-Looking Statements
The press release includes forward-looking statements regarding the company’s prospects, market position, and future growth strategies. These statements are based on management’s current plans and assumptions and are subject to risks and uncertainties.
Source: BSE
