Ashok Leyland Q1 FY27 results (Apr–Jun 2026) and concall

Capital Goods · Concall AI · Call held 14 Aug 2026

Company page: Ashok Leyland share price, financials & guidance record

Ashok Leyland reported a strong Q1 FY27 with record revenue and volumes, driven by robust domestic demand and growth in non-CV businesses. Despite geopolitical headwinds and rising material costs impacting EBITDA margins, the company managed to achieve higher profits through cost savings and strategic pricing actions. Exports faced challenges, but management expects recovery, while the overall industry outlook remains positive for the year.

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What they filed

Q1 FY27: revenue up 11.6%, net profit up 1.5% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	11,148	11,995	14,696	11,709	12,577 +13%	14,830 +24%	17,246 +17%	13,070 +12%
Expenses	9,108	9,659	11,705	9,535	10,136	12,008	13,938	10,660
EBITDA	2,040	2,336	2,991	2,173	2,441 +20%	2,822 +21%	3,308 +11%	2,410 +11%
Margin	18%	19%	20%	19%	19%	19%	19%	18%
Other income	245	75	22	103	103	-140	186	195
Interest	962	1,011	1,053	1,112	1,152	1,200	1,241	1,341
Depreciation	244	268	340	273	268	282	314	315
Profit before tax	1,078	1,132	1,621	891	1,124 +4%	1,200 +6%	1,940 +20%	950 +7%
Tax rate	29%	28%	23%	26%	27%	28%	29%	30%
Net profit	767	820	1,246	658	820 +7%	862 +5%	1,381 +11%	668 +2%
EPS	1.20	1.30	1.92	1.04	1.29	1.38	2.20	1.05

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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