Achieving these record-breaking numbers is a matter of immense pride for us. It reflects the resilience of our business and the trust our customers place in us, says Dheeraj Hinduja.
Ashok Leyland Ltd for the fourth quarter ended March 31, 2025 reported consolidated net profit attributed to the owners of the company at Rs 1,130 crore as compared with Rs 853 crore in the year ago period, up 32%.
The company’s consolidated revenue from operations grew 6% Year on Year (YoY) to Rs 12,868 crore. Cash generated during the quarter was Rs. 3,284 crore.
For FY25 the company’s consolidated net profit attributed to owners of the company increased 25% to Rs 3,107 crore.
Revenue from operations for FY25 grew 3% YoY to Rs 42,140 crore. The company ended the financial year with net cash of Rs. 4,242 crore, as against net debt of Rs. 89 crore at the end of the previous year.
The board has declared bonus shares in the ratio of 1:1 subject to approval of shareholders.
The company had paid two interim dividends, viz. first interim dividend of Rs. 2 per share in November 2024, and subsequently the second interim dividend of Rs. 4.25 per share in May 2025, aggregating to Rs. 6.25 per share of face value Rs. 1 (625%).”The second interim dividend may be considered as final dividend,” the company said.
Dheeraj Hinduja, Chairman, Ashok Leyland Ltd. said, “Achieving these record-breaking numbers is a matter of immense pride for us. It reflects the resilience of our business and the trust our customers place in us.”
“Given the company’s strong financial performance in the last three years, the Board has approved a 1:1 bonus share issue. With our unwavering focus on innovation and customer satisfaction, and thrust in international operations, we are well-positioned for sustained and profitable growth,” he said.
Shenu Agarwal, Managing Director & CEO, Ashok Leyland Ltd said “FY25 has been another landmark year for us. We’ve set new records in revenue, EBITDA, and profitability. Our margin expansion and robust cash generation reflect the strength of our operations.”
“It also gives us immense satisfaction to achieve our medium-term goal of mid-teen EBITDA in Q4. The company is in a very strong cash position, ending the year with a cash surplus of Rs. 4,242 crore. This gives us more fuel to further augment our strengths in products and technology, and to offer best-in-class customer experience,” he said.
“We are continuing on our premiumization journey with high focus on delivering exceptional value to our customers. We are now more confident than ever in our ability to gain market share and further improve our price realization,” he added.
The overall CV volumes at 195,093 units were very close to the previous high of 197,366. MHCV buses recorded ever highest volume of 21,249 units during the year.
Export volume was also one of the highest in many years at 15,255 units, registering a growth of 29% over PY (11,853).
The Power Solutions and Defence Businesses also posted impressive growth. The robust performance was driven by exceptional contribution from all business segments and well supported by the subsidiaries.
“For securing the future readiness, the alternate propulsion product portfolio is shaping well. Apart from electric vehicles led by Switch Mobility, which is on a growth trajectory, initiatives in LNG and Hydrogen are well under way,” Mr Agarwal said adding “battery Electric and LNG vehicles will be adopter faster than Hydrogen.”
In FY26 the company will have a capex of Rs 1,000 crore and is expecting breakeven at its Switch Mobility subsidiary.
Published – May 23, 2025 08:25 pm IST
