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Ashok Leyland Ltd share price ticked higher by 0.57% to Rs 177.0. The Company`s net profit tumbled by 51.66% to Rs 667.77 crore, while revenue from operations dropped sharply 24.03% to Rs 13020.01 crore in Q2FY26 over Q1FY26. The market capitalization of Commercial Vehicles industry group stocks on BSE stood at Rs 2.36 lakh crore, plunging by 22.01%. It has improved by 2.56% over last one week and spiked sharply by 21.96% in last one month while the market capitalization of Ashok Leyland Ltd has slipped by 0.06% and 15.54% in the same period respectively. Profit before tax (PBT) of Ashok Leyland Ltd stood at Rs 949.72 crore in Q2 FY26, easing 6.54% year-on-year, and tanking 51.04% quarter-on-quarter. EBITDA came in at Rs 2221 crore, rising 7.08% YoY and nosediving by 29.19% sequentially. Total expenses saw a steep drop of 23% to Rs 10974.06 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 7603.75 crore, tumbling by 26.34% YoY, while employee benefits expense was at Rs 1236.59 crore, seeing a marginal contraction of 3.17% YoY. For the TTM ended FY26, revenue from operations advanced 16% to Rs 56076.03 crore, while net profit registered a growth of 10% to Rs 3720.98 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 889920% to Rs 10160.18 crore, and PBT expanded by 12.15% to Rs 5154.79 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 4894.71 crore in FY26, as against Rs 128.47 crore in FY25. Ashok Leyland Ltd soared by 47.87% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.

Ashok Leyland Limited announced that its board of directors approved investments up to GBP 25 million, approximately Rs 325 crore, in Optare Plc, a U.K.-based subsidiary, and up to Rs 500 crore in equity shares of Hinduja Housing Finance Limited, a step-down subsidiary, through a secondary purchase from Hinduja Leyland Finance Limited. The investments in Optare Plc. will increase Ashok Leyland’s shareholding from 93.28% to 93.49%, while the investment in Hinduja Housing Finance Limited will result in a direct shareholding of 8.90% and an indirect holding of 55.68%.

Ashok Leyland will hold a meeting of the Board of Directors of the Company on 14 August 2026.

Ashok Leyland announced that total sales stood at 19,590 units in month of July 2026 compared to 15,064 units in July 2025, recording a growth of 30%. Total sales include domestic sales of 17,980 units (up 33% YoY).

Ashok Leyland sold 19,144 units in month of June 2026 compared to 15,333 units in June 2025, recording a growth of 25%. Total sales include domestic sales of 17,912 units, higher by 26% on YoY basis.