ASHOKLEYNSEAshok Leyland Limited· Agricultural Commercial & Construction VehiclesHighNeutral

Announced Wed, 12 Nov, 2025 · 14:03 IST

Ashok Leyland Q2 FY26: Revenue up 9%, Re 1 dividend, margin improves

Exceptional itemEBITDA margin expansionResults View source PDF Explain this filing

ASHOKLEY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹146.10

prior close

₹145.70

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.8%-3.4% vs market

Agricultural Commercial & Construction Vehicles peers, median of 9sector · industry level-0.6%-2.0% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Midcap 150 and 2.0 pts less than its Agricultural Commercial & Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-1.1

15m

-1.3

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7+0.8-3.4-0.6-2.0

Next day

+3.0+0.4+2.6-2.1+5.1

+1.4+0.5+1.0-1.7+3.2

+1.8+1.2+0.7-1.3+3.1

+0.7+0.5+0.2-2.9+3.6

-0.4+0.9-1.3-3.9+3.5

-1.0-0.3-0.7-6.0+4.9

15d

+11.2-0.4+11.6-2.7+13.9

+12.1-0.3+12.5-2.8+14.9

+28.1-1.2+29.3-4.4+32.4

+44.4+0.1+44.3-5.2+49.6

UpDownMarket · Nifty Midcap 150Sector · Agricultural Commercial & Construction Vehicles peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ashok Leyland Q2 FY26 standalone revenue from operations rose 9.3% YoY to Rs 9,588 crore. PAT was Rs 771 crore versus Rs 770 crore year ago. Operating margin improved to 12.12% from 11.60%. Board declared Re 1 interim dividend per share; record date November 18, payment by December 11. H1 FY26 consolidated revenue grew 11% to Rs 24,285 crore, PAT Rs 1,477 crore (up 12%). RBI cleared merger of subsidiary Hinduja Leyland Finance with NDL Ventures.

Likely market impact

Steady revenue growth and margin expansion are positive; interim dividend adds near-term support; HLFL merger advances.