Ashok Leyland shares will be in focus on Monday after the company reported a 38% year-on-year (YoY) rise in standalone net profit for Q4FY25 to Rs 1,246 crore, up from Rs 900 crore in the same period last year.
The company's revenue from operations was up by 6% to Rs 11,907 crore over Rs 11,267 crore reported in the corresponding quarter of the last financial year.
Sequentially, profit after tax (PAT) grew 63% from Rs 762 crore in Q3FY25, while revenue increased 26% from Rs 9,479 crore in the October–December quarter.
The Hinduja Group's flagship said it delivered its highest-ever quarterly and annual revenues and EBITDA. For Q4FY25, EBITDA grew 15% to Rs 1,791 crore from Rs 1,592 crore in the year-ago period.
For the full financial year, PAT jumped 26% YoY to Rs 3,303 crore in FY25 from Rs 2,618 crore in FY24. Revenues saw a marginal uptick of 1% to Rs 38,753 crore versus Rs 38,367 crore in FY24.
The company's board has approved the issue of bonus equity shares in the ratio 1:1. The company will inform the record date in due course.
Also Read: High conviction picks! ICICI Bank, HAL among 10 large-cap stock ideas from PL Capital
Management commentary
Dheeraj Hinduja, Chairman, Ashok Leyland said that achieving record-breaking numbers is a matter of immense pride for the company, adding that it reflected the resilience of our business. "With our unwavering focus on innovation and customer satisfaction, and thrust in international operations, we are well-positioned for sustained and profitable growth,” he said.
Ashok Leyland share price target
According to Trendlyne, the average target price for Ashok Leyland stands at Rs 256, implying an upside of nearly 7% from current levels. Among the 37 analysts covering the stock, the consensus rating is 'Buy'.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
The company's revenue from operations was up by 6% to Rs 11,907 crore over Rs 11,267 crore reported in the corresponding quarter of the last financial year.
Sequentially, profit after tax (PAT) grew 63% from Rs 762 crore in Q3FY25, while revenue increased 26% from Rs 9,479 crore in the October–December quarter.
The Hinduja Group's flagship said it delivered its highest-ever quarterly and annual revenues and EBITDA. For Q4FY25, EBITDA grew 15% to Rs 1,791 crore from Rs 1,592 crore in the year-ago period.
For the full financial year, PAT jumped 26% YoY to Rs 3,303 crore in FY25 from Rs 2,618 crore in FY24. Revenues saw a marginal uptick of 1% to Rs 38,753 crore versus Rs 38,367 crore in FY24.
The company's board has approved the issue of bonus equity shares in the ratio 1:1. The company will inform the record date in due course.
Also Read: High conviction picks! ICICI Bank, HAL among 10 large-cap stock ideas from PL Capital
Management commentary
Dheeraj Hinduja, Chairman, Ashok Leyland said that achieving record-breaking numbers is a matter of immense pride for the company, adding that it reflected the resilience of our business. "With our unwavering focus on innovation and customer satisfaction, and thrust in international operations, we are well-positioned for sustained and profitable growth,” he said.
Ashok Leyland share price target
According to Trendlyne, the average target price for Ashok Leyland stands at Rs 256, implying an upside of nearly 7% from current levels. Among the 37 analysts covering the stock, the consensus rating is 'Buy'.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
