Ashok Leyland Q3FY25 profit rises 36% to Rs 762 cr, shares jump 5%
Chennai: Ashok Leyland reported a 36% jump in consolidated net profit to Rs 761.92 crore for the third quarter of FY25, up from Rs 560.21 crore a year earlier, driven by strong truck and bus sales and sustained fleet replacement demand.
Sequentially, net profit rose 8% from Rs 705.64 crore in Q2.
The commercial vehicle maker's revenue from operations grew 8% year-on-year to Rs 11,995 crore, while total expenses rose marginally by 8% to Rs 10,937.89 crore.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 8.8% to Rs 1,211.5 crore.
EBITDA margin expanded to 12.8% from 12% a year ago—exceeding analyst expectations of 11.8%.
The stock surged nearly 5% to Rs 212.55 on the BSE at 1:50 PM, as investors responded positively to the company's better-than-expected results and an optimistic industry outlook.
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