Ashok Leyland Q1 internet revenue rises 13% to 594 crore

Ashok Leyland Ltd. for the primary quarter ended June 30, 2025 reported 13% development in internet revenue at ₹594 crore as in contrast with ₹526 crore a yr in the past.

During the quarter the corporate’s income elevated 1.5% year-on-year (YoY) to ₹8,724 crore. 

It additionally reported it’s highest ever business car (CV) volumes of 44,238 items in Q1 FY25.

Domestic medium and heavy business car (MHCV) trade virtually remained flat on a excessive base of final yr Q1. Ashok Leyland MHCV Truck volumes (excluding Defence) grew 2% registering YoY market share improve from 28.9% to 30.7%, the corporate mentioned.

MHCV Bus TIV (excluding EVs) grew by 5%. It maintained its home market management place in MHCV buses. 

LCV home Q1 quantity at 15,566 items have been ever highest for the quarter. The Export quantity in Q1 grew 29% YoY at 3,011 items. The Power Solutions, Aftermarket and Defence companies additionally contributed strongly to the monetary efficiency, the corporate mentioned.

Dheeraj Hinduja, chairman, Ashok Leyland, mentioned “The firm has delivered a strong Q1 efficiency, exceeding the expectations by means of efficient market execution whereas sustaining rigorous value administration.”

“Our electrical mobility subsidiary, Switch Mobility, continues to realize good traction and has achieved constructive EBITDA. We are redoubling our efforts within the worldwide markets and Defence enterprise,” he mentioned. 

“Reinforcing our product superiority and robust buyer orientation, we’re sharpening our focus to play a pivotal position in our trade,” he added. 

Shenu Agarwal, managing director & CEO, Ashok Leyland mentioned, “We are blissful to report simultaneous will increase in market share and working margins. This reinforces our technique to ship worthwhile development by means of superior merchandise and best-in-class customer support.”

“Our deal with rising our non-CV portfolio can be serving to us ship document performances in lots of quarters in a row. Our precedence stays attaining mid-teen EBITDA margins within the medium time period, whereas advancing our dedication to future-ready applied sciences,” he added.