Ashok Leyland Q1 revenue rises 10.4%, but margin pressure tempers record volumes

Ashok Leyland posted record Q1 vehicle volumes and revenue, but EBITDA margin fell on higher material costs. Brokerages mostly raised targets, citing durable commercial-vehicle demand, price hikes and potential second-half margin recovery, while warning of near-term commodity pressure.

Newer report , , Business Today : Rate-hike bets pressure auto, property and bank stocks ahead of festive demand

  • Banaraswala: 3 → 50 outlets by March 2027
  • Nestle India: Sales +20.5% · Profit +36.3%

Reported figures

From the report. Source details below

Q1 commercial vehicle volume: 48,763 units, up from 44,238
Revenue: Rs 9,634 crore, up 10.4% YoY
Net profit: Rs 609 crore, up 2.5% YoY
EBITDA: Rs 970 crore
EBITDA margin: 10.1%, versus 11.1% a year earlier
Net cash: Rs 2,252 crore, improvement of Rs 1,432 crore YoY
MHCV price hikes: 225 basis points in FY27
LCV price hikes: more than 350 basis points in FY27

The source

Source Read the source at NDTV Profit Published

First seen