Ashok Leyland Posts Strong Q2 Profit, Surpassing Estimates with Improved Mix and Pricing

Ashok Leyland reported ₹8 billion PAT in Q2, beating estimates by 8%, supported by pricing, mix improvement and strong commercial vehicle demand.

Live Market Updates

Latest Financial News

positive

Ashok Leyland Posts Strong Q2 Profit, Surpassing Estimates with Improved Mix and Pricing

Ashok Leyland Posts Strong Q2 Profit, Surpassing Estimates with Improved Mix and Pricing
Ashok Leyland reported Q2 FY26 PAT of ₹8 billion, beating market expectations by 8% on the back of an improved product mix, disciplined pricing and stable demand in the medium and heavy commercial vehicle segment. The company’s sharper focus on cost efficiency and reduction of input cost pressures supported margins despite industry-wide volatility. With the stock currently trading around ₹148 and analysts assigning a target price of ₹165, the company is projected to benefit from continued recovery in freight activity and fleet modernization trends across logistics markets.