Ashok Leyland Share Price Rally Over 8% to 52-Week High on Robust Q1 FY26 Results

Ashok Leyland shares soared 8% in today's session, reaching a 52-week high. The commercial vehicle major delivered exceptional results for the June quarter, highlighted by robust profit growth and record-breaking vehicle sales volumes.

Key Financial Highlights: Profit Rises 19.4%, Revenue Up 9.5%

For Q1 FY26, Ashok Leyland reported consolidated net profit of ₹657.72 crore, up 19.4% from ₹550.65 crore in the same quarter last year. Consolidated revenue from operations climbed to ₹11,708.54 crore, rising from ₹10,696.8 crore a year earlier. The performance was underpinned by the highest quarterly commercial vehicle volumes in company history: 44,238 units.

Ashok Leyland Maintained its Domestic Market Leadership in MHCV Buses 

The domestic MHCV industry remained almost flat on a high base of last year's Q1. Ashok Leyland MHCV Truck volumes (excluding Defence) grew 2% registering a YOY market share increase from 28.9% to 30.7%. MHCV Bus TIV (excluding EVs) grew by 5%. Ashok Leyland maintained its domestic market leadership position in MHCV buses. 

LCV domestic Q1 volume at 15,566 units was the highest ever for the quarter. The Export volume in Q1 grew 29% YOY at 3,011 units. The Power Solutions, Aftermarket, and Defence businesses also contributed strongly to the financial performance. 

Management Highlights Cost Controls, EV Arm Success

As per exchange filings, Mr. Dheeraj Hinduja, Chairman, Ashok Leyland, said, "Ashak Leyland has delivered a robust Q1 performance, exceeding expectations through effective market execution while maintaining rigorous cost management. Our electric mobility subsidiary, Switch Mobility, continues to gain good traction and has achieved positive EBITDA. We are redoubling our efforts in the international markets and the Defence business. Reinforcing our product superiority and strong customer orientation, we are sharpening our focus to play a pivotal role in our industry. "

Read More: Ashok Leyland Q1 FY26 Earnings Results Out: Net Profit Rises to ₹593 Crore Ashok Leyland Q1 FY26 Earnings Results!

Ashok Leyland Share Price Performance

On August 18, 2025, Ashok Leyland share price opened at ₹125.10 on NSE, above the previous close of ₹121.96. During the day, it surged to ₹132.80 and dipped to ₹125.10. The stock is trading at ₹131.87 as of 12:25 PM. The stock registered a significant gain of 8.13%.

Over the past week, it has moved up by 9.87%, over the past month, it has moved up by 7.87%, and over the past 3 months, it has moved up by 9.39%.

Conclusion

Ashok Leyland’s Q1 FY26 results, marked by a 19.4% net profit increase, revenue growth, and all-time-high commercial vehicle volumes, generated a strong positive reaction from the market. The progress of Switch Mobility and strategic initiatives in international and defence sectors further boost the company’s growth outlook, affirming investor faith in its continued market leadership.

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