Ashok Leyland Reports Record Revenues, Transitions to Net Cash Position in FY2024-25

Ashok Leyland has reported record revenues of ₹ 38,753 crores in FY2024-25, marking a 1% increase over the previous year. The company's EBITDA margin strengthened to 12.7%, totaling ₹ 4,931 crores, while Profit After Tax surged by an impressive 26% to ₹ 3,303 crores. The company transitioned from a net debt of ₹ 89 crores the previous year to a net cash position of ₹ 4,242 crores. The company achieved a near-record volume of 1,95,097 Commercial Vehicles, including an all-time high of 21,253 M&HCV domestic buses. Exports rose by 29% to 15,255 units. The Power Solutions and Defence divisions also exhibited strong growth. The company retained its leadership position in the addressable M&HCV bus segment and secured the top spot in the FADA Dealer Satisfaction Survey for the second consecutive year.