Commercial vehicles maker Ashok Leyland on Thursday reported a 19.44 per cent rise in consolidated net profit at Rs 657.72 crore in the first quarter ended June 30, 2025, riding on record volumes. The company had posted a consolidated net profit of Rs 550.65 crore in the corresponding period of the last fiscal, Ashok Leyland said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 11,708.54 crore, as compared to Rs 10,696.8 crore in the same period a year ago, it added. Total expenses in the quarter under review were higher at Rs 10,920.53 crore, as compared to Rs 9,994.97 crore in the year-ago period, it added. Ashok Leyland said it recorded the highest-ever quarterly commercial vehicles (CV) volumes of 44,238 units in the first quarter. Commenting on the performance, Ashok Leyland Chairman Dheeraj Hinduja, said the company "delivered a robust Q1 performance, exceeding the expectations through effective market execution, while maintaining
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