Ashok Leyland Q2 results: standalone net profit rises 12.7% to Rs 869 crore
Ashok Leyland said in an NSE filing that standalone Q2 FY27 net profit was Rs 869.02 crore on revenue of Rs 13,364.28 crore, and declared an interim dividend of Re 1 per share.
Key points
- Ashok Leyland told the National Stock Exchange its standalone net profit for the quarter to 30 September 2026 was Rs 869.02 crore, up 12.7% year on year.
- Standalone revenue from operations rose 39.4% from a year earlier and 38.7% from the previous quarter to Rs 13,364.28 crore.
- The board declared an interim dividend of Re 1 per share, with a record date of 20 November 2026 and payment by 13 December 2026.
Ashok Leyland Limited said in a filing with the National Stock Exchange on 14 November 2026 that its standalone net profit for the July-September 2026 quarter (Q2 FY27) was Rs 869.02 crore, up 12.7% from the same quarter a year earlier. Standalone revenue from operations rose 39.4% to Rs 13,364.28 crore. The board also declared an interim dividend of Re 1 per share.
What Happened
The company's board approved unaudited standalone and consolidated financial results for the quarter and half-year ended 30 September 2026. The figures below are the standalone ones, as the consolidated table was not part of the text available for this report.
Revenue from operations was Rs 13,364.28 crore in the quarter, against Rs 9,588.18 crore in the same quarter last year (up 39.4%) and Rs 9,634.35 crore in the previous quarter, April-June 2026 (up 38.7%).
Net profit for the period was Rs 869.02 crore, against Rs 771.06 crore a year earlier (up 12.7%) and Rs 609.11 crore in the previous quarter (up 42.7%). The year-ago quarter's profit was struck after an exceptional item of Rs 40 crore. Earnings per share were Rs 1.48, against Rs 1.31 a year earlier and Rs 1.04 in the previous quarter.
For the six months to 30 September 2026, standalone revenue from operations was Rs 22,998.63 crore, against Rs 18,312.69 crore a year earlier (up 25.6%). Net profit for the half-year was Rs 1,478.12 crore, against Rs 1,364.79 crore (up 8.3%).
The board declared an interim dividend of Re 1 per equity share of face value Re 1 for the financial year 2026-27. The record date, which decides which shareholders are eligible, is Friday, 20 November 2026, and the dividend is to be paid on or before 13 December 2026.
What It Means
Revenue grew faster than profit over the year: sales rose 39.4% while profit rose 12.7%. The company's own table shows that the operating margin was 10.10% in the quarter, against 12.12% a year earlier and 10.06% in the previous quarter.
Shareholders who hold the stock on the record date, 20 November 2026, are eligible for the Re 1 interim dividend. The filing gives no forecast, and these figures are the company's unaudited numbers, reviewed by its auditors, not an assessment by Oquilia of future performance.
Oquilia Data: Ashok Leyland Ltd. (NSE: ASHOKLEY)
| Close, 13 Nov 2026 | Rs 169.20 (−2.73% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | +14.81% / −3.99% / +10.44% / −5.58% / +12.49% |
| Against Nifty 50, 1M / 3M / YTD | +4.15 / −7.06 / −1.80 points |
| 52-week closing high / low | Rs 211.92 (26 Feb 2026) / Rs 138.58 (11 Jun 2026) |
| Turnover, 20-session average | Rs 312.22 cr; 41.3% delivered; latest volume 0.7x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Ashok Leyland share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India