Ashok Leyland Q1 Results: Net profit jumps 13% to Rs 594 crore; revenue up 1.5%

Ashok Leyland posted a standalone Q1 FY26 net profit of Rs 593.73 crore, up 13% YoY, with revenue rising 1.5% to Rs 8,724.51 crore.

Q1 saw record CV volumes at 44,238 units, all-time high LCV sales, and 29% export growth.

Market share in MHCV trucks rose to 30.7%, while EBITDA margin improved to 11.1%.

Company remains cash-positive, with strong contributions from Power Solutions, Aftermarket, Defence, and growing electric mobility arm Switch Mobility.