Consolidated revenue from operations rose to ₹11,708.54 crore from ₹10,696.8 crore a year earlier. Total expenses climbed to ₹10,920.53 crore from ₹9,994.97 crore in the year-ago quarter.
The company said it achieved its highest-ever quarterly commercial vehicle volumes, selling 44,238 units in Q1.
Chairman Dheeraj Hinduja said Ashok Leyland delivered a “robust Q1 performance, exceeding expectations through effective market execution while maintaining rigorous cost management.”
He added that its subsidiary, Switch Mobility, continues to gain traction and has achieved positive EBITDA. “We are redoubling our efforts in international markets and the defence business,” Hinduja said, highlighting the company’s focus on product superiority, customer orientation, and a pivotal role in the industry.
