Ashok Leyland has reported 2.6% rise in standalone net profit to Rs 609.11 crore on a 10.4% increase in revenue from operations to Rs 9,634.35 crore in Q1 FY27 as compared with Q1 FY26.<\/p>\n
Total expenses for the period under review added up to Rs 8,889.27 crore, up 11.4% YoY. This was primarily due to higher raw material costs (up 8.4% YoY), higher employee expenses (up 13.2% YoY) and higher other expenses (up 10.2% YoY).<\/p>\n
Profit before tax in Q1 FY27 stood at Rs 830.18 crore, up by 4.1% from Rs 797.73 crore in Q1 FY26.<\/p>\n
The company has recorded commercial vehicles volume of 48,763 units for Q1 FY27 vis-a-vis 44,238 units in the same period last year, up 10.2% YoY.<\/p>\n
Ashok Leyland's medium & heavy commercial vehicles (MHCV) truck volumes (excluding defence) grew 15% while light commercial vehicle (LCV) domestic Q1 volumes grew by 21%. The exports volume in Q1 was at 2,461 units. The power solutions, aftermarket and defence businesses also contributed strongly to the financial performance.<\/p>\n
The company strengthened its cash position with net cash of Rs 2,252 crore at the end of Q1 FY27, a positive swing of Rs 1,432 crore on YoY basis.<\/p>\n
Dheeraj Hinduja, chairman, Ashok Leyland, said: "Ashok Leyland has delivered another strong quarter, underpinned by disciplined execution and effective cost management.<\/p>\n
Demand across key segments remains robust, and future prospects continue to be encouraging. We believe government initiatives such as Parivartan will further accelerate fleet modernization and support the long-term growth of the commercial vehicle industry.<\/p>\n
Our electric mobility subsidiary, Switch Mobility, continues to gain traction. We are strengthening our presence in international markets and the Defence business to diversify our growth drivers.<\/p>\n
With a strong product portfolio, and a customer-centric approach, we remain well positioned to create sustainable long-term value for all our stakeholders."<\/p>\n
Ashok Leyland is involved in the manufacture and sale of a broad range of commercial vehicles and also makes engines for industrial and marine applications, as well as forgings and castings.<\/p>\n
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First Published: Aug 14 2026 | 3:16 PM IST<\/p>\n