Shares of Ashok Leyland surged nearly 4% after the company reported its strongest-ever Q3 performance. The leading commercial vehicle manufacturer recorded an all-time high net profit of ₹762 crore, reflecting a 31% year-on-year increase.
The company’s EBITDA for the quarter stood at ₹1,211 crore, with an EBITDA margin of 12.8%, improving from 12% in the same quarter last year. Revenue for Q3 FY25 also reached an all-time high of ₹9,479 crore, compared to ₹9,273 crore in Q3 FY24.
Ashok Leyland also witnessed a significant 33% growth in exports, with 4,151 units shipped in Q3 FY25 compared to 3,128 units in the same period last year. Additionally, the company turned cash positive at the end of the quarter with a net cash balance of ₹958 crore, significantly improving from a net debt of ₹1,747 crore in Q3 FY24.
Stock Performance
- Current Share Price: ₹211.23 (up 3.69% today)
- Day’s Range: ₹199.65 – ₹212.67
- Previous Close: ₹203.71
- 52-Week Range: ₹157.55 – ₹264.65
- Market Cap: ₹617.82 billion
- P/E Ratio: 23.43
- Dividend Yield: 2.13%
Ashok Leyland’s domestic medium and heavy commercial vehicle (MHCV) market share remains over 30%, with continued leadership in the bus segment. The company also introduced SAATHI, a new entry-level LCV segment, aiming to expand into untapped markets.
Looking ahead, Ashok Leyland continues to invest in battery-electric and alternate fuel products, maintaining its commitment to technological leadership and sustainable growth.
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