Ashok Leyland Q3 Net Profit Jumps 4.5% to Rs 796 Crore, Revenue Up 22%

• Ashok Leyland reported a 4.5% year-on-year rise in consolidated net profit to Rs 796.02 crore for Q3 FY26.
• Revenue from operations surged 21.63% to Rs 11,477.51 crore, driven by strong demand in domestic and export markets.
• The company achieved its highest-ever third-quarter EBITDA at Rs 1,535 crore, a 27% increase, due to improved operating leverage and cost efficiencies.
• MHCV and LCV volumes grew by 23% and 30% respectively, outpacing industry expansion and gaining market share.
• Net cash position significantly improved to Rs 2,619 crore, and the outlook remains positive with new product launches and strong performance from its EV arm, Switch.