Ashok Leyland reported a 14% rise in net profit for the fourth quarter of the financial year, driven by steady demand and improved business performance.
The company posted a consolidated net profit of ₹1,291 crore for the January–March quarter, compared to around ₹1,134 crore during the same period last year.
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, also announced an interim dividend of ₹2.5 per share for shareholders following the strong quarterly results.
According to the company, revenue during the quarter remained healthy due to stable demand in the medium and heavy commercial vehicle segment, along with growth in exports and aftermarket business.
Company officials said the commercial vehicle industry continued to benefit from infrastructure activity, transport demand, and replacement purchases. The company also highlighted improvements in operational efficiency and cost management during the quarter.
Ashok Leyland stated that it remains focused on expanding its market presence, strengthening its product range, and investing in future mobility technologies including electric vehicles and alternative fuel solutions.
The company has been increasing efforts in the electric commercial vehicle segment through its EV business initiatives as demand for cleaner transportation solutions continues to grow.