Page 3 - Ashok Leyland

Ashok Leyland sees single-digit growth in medium, heavy vehicle segment

The medium and heavy commercial vehicles segment in India is expected to grow in the single digit this fiscal, recovering from a decline of 3 per cent in FY25, a top official of Ashok Leyland said on Tuesday. The Chennai-based firm is planning to grow ahead of the industry this year and is focusing on expanding its presence in North India, the largest market for commercial vehicles (CVs), Sanjeev Kumar, President - M&HCV at Ashok Leyland Ltd, told reporters here. "When you look at last year, the industry volume came down by 3 per cent. Our understanding is that this is the fourth year running. "If you look at the CV industry, generally it stays good for three years, and then itgoes through a downtrend. So we expect the industry to grow, at least in single digit," he said when asked about the industry outlook. The industry growth is expected to be driven by the government investment in infrastructure and tailwinds such as the good performance of core industries, Kumar said. On the

India's CV industry quietly begins shift to hydrogen-powered vehicles

Ashok Leyland, Tata Motors and Daimler lead India's shift to hydrogen-powered commercial vehicles as pilot trials expand under the National Green Hydrogen Mission

AC norms bring chills to truck segment; to pinch pockets by up to 2%

Truck sales dipped in May 2025 as AC cabins became mandatory for all new medium and heavy vehicles, with OEMs backing the rule and fleet owners flagging cost and workforce concerns

Ashok Leyland shares trade range-bound post Q4 results, declares 1:1 bonus

Management remains optimistic about FY26E, expecting growth across all CV segments, supported by favourable macro conditions, infrastructure push, and rising fleet replacement demand

We are well positioned as long as Indian market grows: Dheeraj Hinduja

Dheeraj Hinduja talks about its export ambitions, electric vehicle (EV) business, and geo-political scenario

How Ashok Leyland uses tech to ease life for drivers, fleet operators

AI puts smart, safe and connected vehicles in top gear

Ashok Leyland posts record Q4 profit, plans ₹1,000 crore FY26 capex

Ashok Leyland posted its highest-ever quarterly and annual profit in FY25 with net profit up 32 per cent in Q4 and has lined up ₹1,000 crore capex for FY26

Ashok Leyland earmarks Rs 1,000 crore capex for FY26: CFO Balaji

Hinduja Group flagship Ashok Leyland has earmarked about Rs 1,000 crore towards capital expenditure for the current financial year, a top official said on Friday. The city-headquartered heavy commercial vehicle manufacturer with a strong financial position of Rs 4,242 crore net cash would focus on investing in products and technologies in the current financial year. "The Capital Expenditure in FY25 we incurred was close to Rs 1,000 crore. And we will incur similar kind of capex for the coming year also (FY26)," company Chief Financial Officer K M Balaji told reporters. To a query on the investments that would be made in the subsidiaries during the financial year, he said it would be decided based on the requirement. "As far as investments in FY26, we will decide based on the requirements of the group companies. As of now, the requirements are visible from our Switch Mobility (EV division) and as well as in the Hinduja Leyland Finance. These are all some of the companies where we .

Ashok Leyland Q4 profit jumps 32% to ₹1,130 crore, bonus shares announced

The total dividend declared for the financial year amounts to ₹6.25 per share

Q4 results today: JSW Steel, Ashok Leyland, Glenmark Pharma on May 23

Q4 FY25 company results today: Reliance Infrastructure, Afcons and Narayana Hrudayalaya will be among 202 companies to post earnings reports for the January-March quarter

Upmove or consolidation? Ajit Mishra's market outlook and top stock picks

Traders should maintain a stock-specific approach and use this consolidation phase to accumulate fundamentally strong names

Ashok Leyland's defence unit bags orders worth Rs 700 cr from Indian Army

Contracts are for diverse range of vehicles combining 'superior reliability with exceptional off-road capability'

Ashok Leyland's defence business bags multiple orders worth Rs 700 cr

With these orders, Ashok Leyland has further strengthened its position as a leader in advanced land mobility solutions for the armed and paramilitary forces

Ashok Leyland dips 5%; Switch Mobility, pledged share, SML Isuzu news weigh

Switch Mobility is contemplating the potential closure of its manufacturing operations in UK due to ongoing economic uncertainties and a slower-than-expected transition to EVs in public transport.

Ashok Leyland may shut loss-making electric bus plant in the UK

The company said it would review the feasibility of the plant in Sherburn, North Yorkshire in a consultation process with employees

Hinduja Group stocks tumble today as downgrades hit IndusInd Bank

Hinduja Group stocks: Share price of Ashok Leyland, and Gulf Oil Lubricant fell as low as 3.8 per cent each on Tuesday

Auto maker stocks climb on upbeat Feb sales; M&M, TVS, Eicher gain over 2%

Shares of vehicle manufacturers were climbing on Monday's session, after a number of automaker companies reported higher sales numbers for February 2025

Ashok Leyland's Q3 margin surprises Street; analyst mixed on future growth

Ashok Leyland's Ebitda margin expanded 80 basis points (bps) to 12.8 per cent in Q3FY25, up from 12 per cent in Q3FY24, surpassing Street estimates

Ashok Leyland Q3 profit rises 35% to Rs 820 cr on exports, festive sales

Commercial vehicle maker expects international sales to expand as it launches new products

Ashok Leyland stock rallies 6% on best-ever Q3 earnings

The management said sales in international markets are showing strong growth, and expect this momentum to accelerate with the launch of new products.