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Demand and margin gains to power M&CV company Ashok Leyland's stock
Ashok Leyland's strong Q4 led by 5% volume growth and margin gains; focus on exports, non-CV business and cost control to support performance in FY26
Ram Prasad Sahu New Delhi
The country's second-largest medium and heavy commercial vehicle (M&HCV) company, Ashok Leyland, posted a healthy operational performance in the March (Q4FY25) quarter. Higher volumes and a slight improvement in average selling prices helped drive gains on the top line. The company expects growth in some of the key segments within the commercial vehicle market in FY26. This, coupled with an increase in the non-CV share of revenue and its net cash position, will help the company maintain a steady revenue trajectory while exploring new growth opportunities. While the company has outperformed the Nifty Auto index over
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