Commercial vehicle (CV) major Ashok Leyland on Thursday reported a consolidated net profit of 1,130.09 crore for the quarter that ended on March 31 (Q4 FY25), a 32.4% increase from the Rs 853.41 crore profit reported in the same quarter last year (Q4 FY24). The company’s consolidated revenue from operations stood at Rs 14,695.65 crore in Q4 FY25, up 8.5% from Rs 13,542.37 crore in the year-ago quarter.
For the entire year, Ashok Leyland reported a consolidated net profit of Rs 3,100.80 crore, up 24.8% compared to Rs 2,483.52 crore profit in FY24. The company’s board has approved the issue of bonus equity shares in the ratio 1 : 1.
"Given the company’s strong financial performance in the last three years, the board of directors has approved a 1:1 bonus share issue. This is on the back of two interim dividends announced for FY25 amounting to 625 per cent, or Rs 6.25 per share. With our unwavering focus on innovation and customer satisfaction, and thrust in international operations, we are well-positioned for sustained and profitable growth," Dheeraj Hinduja, chairman of Ashok Leyland, said.
Ashok Leyland said it has lined up a capital expenditure of around Rs 1,000 crore for FY26, which is similar to its capex of FY25.
Shenu Agarwal, Managing Director & CEO, Ashok Leyland, said that the company is in a very strong cash position, ending the year with a cash surplus of Rs 4,242 crore. “This gives us more fuel to further augment our strengths in products and technology, and to offer best-in-class customer experience…We are now more confident than ever in our ability to gain market share and further improve our price realization,” stated Agarwal.
Ashok Leyland’s overall CV volumes stood at 195,093 units in FY25. MHCV buses recorded its highest ever volume of 21,249 units during the year. Export volume was also one of the highest in many years at 15,255 units, registering a growth of 29% over previous fiscal (11,853).