Ashok Leyland Posts Record Q1 Performance

Ashok Leyland reported a 13% YoY rise in net profit to ₹594 crore in Q1FY26, with record revenue of ₹8,725 crore and highest-ever CV volumes. EBITDA rose 11% to ₹970 crore, market share improved in MHCVs, exports grew 29%, and the firm remained cash positive at ₹821 crore, boosting shares 2.3%.