3 months ago
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Ashok Leyland Ltd, a commercialized conveyance shaper for the 3rd 4th ended December 31, 2025 reported 4% Year connected Year (YoY) maturation successful nett net astatine ₹796 crore after considering a onetime complaint of ₹308 crore towards caller Labour Code. During the quater, the company’s gross grew 22% YoY to ₹11,534 crore.
Medium & Heavy Commercial Vehicles measurement were astatine 32,929 units arsenic compared with 26,692 units successful the aforesaid play past twelvemonth up 23%. “This is higher than Q3 manufacture maturation resulting successful marketplace stock gain,” the institution said.
Light Commercial Vehicles measurement were astatine 20,518 units arsenic compared with 15,754 units a twelvemonth ago, up 30%. This is higher than the manufacture measurement maturation (VAHAN) resulting successful marketplace stock gain, it said.
“Ashok Leyland’s home MHCV marketplace stock continues to beryllium supra 30%. The institution besides has maintained marketplace enactment successful the Bus conception with a 40% marketplace stock successful Q3,” it added.
Dheeraj Hinduja, Executive Chairman, Ashok Leyland, said “Market conditions proceed to beryllium favourable, and we are optimistic that this spot volition prolong successful the mean word crossed each our businesses, including MHCV, LCV, and Defence.”
“Our beardown and accordant maturation successful volumes and profitability underscores the competitiveness of our portfolio, which delivers superior show and lawsuit value, reinforced by heavy and effectual lawsuit engagement crossed each segments,” helium said.
“We are executing a structured pipeline of merchandise introductions crossed accepted and alternate propulsion platforms to further fortify our enactment successful the home marketplace and accelerate our enlargement successful planetary markets,” helium said,
“Our electrical conveyance arm, Switch, has a steadfast bid publication and a well-defined merchandise roadmap. It has started delivering buses successful International markets and has achieved affirmative EBITDA and PAT implicit the archetypal 9 months,” helium added.
