Integrated Filing — IndAS
General information about company
| Scrip Code |
500477 |
| NSE Symbol |
ASHOKLEY |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE208A01029 |
| Name of company |
ASHOK LEYLAND LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
12-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
29-10-2025 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
12-11-2025 11:30:00 |
| End date and time of board meeting |
12-11-2025 13:55:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
12,57,686.00 |
24,28,540.00 |
|
Other income |
13,489.00 |
23,355.00 |
|
Total income |
12,71,175.00 |
24,51,895.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
6,81,276.00 |
13,70,024.00 |
| (b) |
Purchases of stock-in-trade |
47,007.00 |
91,964.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
6,989.00 |
(47,166.00) |
| (d) |
Employee benefit expense |
1,17,038.00 |
2,29,384.00 |
| (e) |
Finance costs |
1,15,202.00 |
2,26,392.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
26,810.00 |
54,133.00 |
| (f) |
Other Expenses |
| 1 |
Other Expenses |
1,26,730.00 |
2,56,442.00 |
| 2 |
Impairment loss allowance / write off relating to financing actvities |
34,526.00 |
66,458.00 |
|
Total other expenses |
1,61,256.00 |
3,22,900.00 |
|
Total expenses |
11,55,578.00 |
22,47,631.00 |
| 3 |
Total profit before exceptional items and tax |
1,15,597.00 |
2,04,264.00 |
| 4 |
Exceptional items |
(4,000.00) |
(4,000.00) |
| 5 |
Total profit before tax |
1,11,597.00 |
2,00,264.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
33,962.00 |
59,976.00 |
| 8 |
Deferred tax |
(3,531.00) |
(6,176.00) |
| 9 |
Total tax expenses |
30,431.00 |
53,800.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
81,166.00 |
1,46,464.00 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
804.00 |
1,278.00 |
| 16 |
Total profit (loss) for period |
81,970.00 |
1,47,742.00 |
| 17 |
Other comprehensive income net of taxes |
27,702.00 |
65,227.00 |
| 18 |
Total Comprehensive Income for the period |
1,09,672.00 |
2,12,969.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
75,577.00 |
1,36,684.00 |
|
Total profit or loss, attributable to non-controlling interests |
6,393.00 |
11,058.00 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
14,751.00 |
37,130.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
12,951.00 |
28,097.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
58,735.00 |
58,735.00 |
|
Face value of equity share capital |
1 |
1 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
1.29 |
2.33 |
|
Diluted earnings (loss) per share from continuing operations |
1.29 |
2.33 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
1.29 |
2.33 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
1.29 |
2.33 |
| 24 |
Debt equity ratio |
0.64 |
0.64 |
| 25 |
Debt service coverage ratio |
2.47 |
3.04 |
| 26 |
Interest service coverage ratio |
13.83 |
13.37 |
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
6,66,876.00 |
|
Capital work-in-progress |
1,04,181.00 |
|
Investment property |
|
|
Goodwill |
1,36,473.00 |
|
Other intangible assets |
1,15,476.00 |
|
Intangible assets under development |
31,051.00 |
|
Biological assets other than bearer plants |
|
|
Investments accounted for using equity method |
14,900.00 |
|
Non-current financial assets |
|
|
Non-current investments |
93,544.00 |
|
Trade receivables, non-current |
|
|
Loans, non-current |
37,34,709.00 |
|
Other non-current financial assets |
95,736.00 |
|
Total non-current financial assets |
39,23,989.00 |
|
Deferred tax assets (net) |
25,147.00 |
|
Other non-current assets |
79,950.00 |
|
Total non-current assets |
50,98,043.00 |
| 2 |
Current assets |
|
|
Inventories |
4,61,109.00 |
|
Current financial asset |
|
|
Current investments |
4,46,243.00 |
|
Trade receivables, current |
3,40,686.00 |
|
Cash and cash equivalents |
4,70,662.00 |
|
Bank balance other than cash and cash equivalents |
36,463.00 |
|
Loans, current |
14,98,981.00 |
|
Other current financial assets |
60,726.00 |
|
Total current financial assets |
28,53,761.00 |
|
Current tax assets (net) |
649.00 |
|
Other current assets |
1,17,462.00 |
|
Total current assets |
34,32,981.00 |
| 3 |
Non-current assets classified as held for sale |
0.00 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
0.00 |
|
Total assets |
85,31,024.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
58,735.00 |
|
Other equity |
11,99,579.00 |
|
Total equity attributable to owners of parent |
12,58,314.00 |
|
Non controlling interest |
4,04,248.00 |
|
Total equity |
16,62,562.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
40,25,889.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.00 |
|
Total Trade payable |
0.00 |
|
Other non-current financial liabilities |
13,320.00 |
|
Total non-current financial liabilities |
40,39,209.00 |
|
Provisions, non-current |
77,538.00 |
|
Deferred tax liabilities (net) |
1,63,663.00 |
|
Deferred government grants, Non-current |
|
|
Other non-current liabilities |
42,859.00 |
|
Total non-current liabilities |
43,23,269.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
14,25,420.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
16,346.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
6,58,329.00 |
|
Total Trade payable |
6,74,675.00 |
|
Other current financial liabilities |
1,84,827.00 |
|
Total current financial liabilities |
22,84,922.00 |
|
Other current liabilities |
72,306.00 |
|
Provisions, current |
1,22,730.00 |
|
Current tax liabilities (Net) |
65,235.00 |
|
Deferred government grants, Current |
|
|
Total current liabilities |
25,45,193.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
0.00 |
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
|
|
Total liabilities |
68,68,462.00 |
|
Total equity and liabilites |
85,31,024.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| Date of end of reporting
period |
30-09-2025 |
30-09-2025 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
| 1 |
Commercial vehicle |
10,60,238.00 |
20,45,600.00 |
| 2 |
Financial service |
1,97,454.00 |
3,82,973.00 |
|
Total Segment Revenue |
12,57,692.00 |
24,28,573.00 |
|
Less: Inter segment revenue |
6.00 |
33.00 |
|
Revenue from operations |
12,57,686.00 |
24,28,540.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Commercial vehicle |
91,286.00 |
1,62,068.00 |
| 2 |
Financial service |
21,319.00 |
39,141.00 |
|
Total Profit before tax |
1,12,605.00 |
2,01,209.00 |
|
i. Finance cost |
10,497.00 |
20,300.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
(10,293.00) |
(20,633.00) |
|
Profit before tax |
1,12,401.00 |
2,01,542.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Commercial vehicle |
23,21,170.00 |
23,21,170.00 |
| 2 |
Financial service |
62,09,854.00 |
62,09,854.00 |
|
Total Segment Asset |
85,31,024.00 |
85,31,024.00 |
|
Un-allocable Assets |
0.00 |
0.00 |
|
Net Segment Asset |
85,31,024.00 |
85,31,024.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Commercial vehicle |
16,48,508.00 |
16,48,508.00 |
| 2 |
Financial service |
52,19,954.00 |
52,19,954.00 |
|
Total Segment Liabilities |
68,68,462.00 |
68,68,462.00 |
|
Un-allocable Liabilities |
0.00 |
0.00 |
|
Net Segment Liabilities |
68,68,462.00 |
68,68,462.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Items that will not be reclassified to Profit or Loss |
-788200000 |
-965600000 |
|
Total Amount of items that will not be reclassified to profit and loss |
(7,882.00) |
(9,656.00) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
(1,984.00) |
(2,430.00) |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Items that will be reclassified to Profit or Loss |
4454900000 |
9628100000 |
|
Total Amount of items that will be reclassified to profit and loss |
44,549.00 |
96,281.00 |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
10,949.00 |
23,828.00 |
| 5 |
Total Other comprehensive income |
27,702.00 |
65,227.00 |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
2,00,264.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
20,300.00 |
|
Adjustments for decrease (increase) in inventories |
(62,501.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
(7,738.00) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
0.00 |
|
Adjustments for decrease (increase) in other non-current assets |
(20,137.00) |
|
Adjustments for other financial assets, non-current |
(4,76,604.00) |
|
Adjustments for other financial assets, current |
0.00 |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(1,26,921.00) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
(39,701.00) |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
54,133.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
67,218.00 |
|
Adjustments for provisions, current |
(15,893.00) |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
(22,262.00) |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
(330.00) |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
0.00 |
|
Adjustments for share-based payments |
(3,545.00) |
|
Adjustments for fair value losses (gains) |
(548.00) |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
(8,941.00) |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
4,000.00 |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(6,39,470.00) |
|
Net cash flows from (used in)
operations |
(4,39,206.00) |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
(8,536.00) |
|
Income taxes paid (refund) |
66,094.00 |
|
Other inflows (outflows) of cash |
(941.00) |
|
Net cash flows from (used in)
operating activities |
(5,14,777.00) |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
94,523.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
1,30,154.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
7,238.00 |
|
Purchase of property, plant and equipment |
1,32,024.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
6,204.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
0.00 |
|
Cash advances and loans made to other parties |
1,09,000.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
1,14,000.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
7,835.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
1,84,646.00 |
|
Net cash flows from (used in)
investing activities |
43,268.00 |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
8,258.00 |
|
Proceeds from issuing shares |
334.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
11,74,202.00 |
|
Repayments of borrowings |
7,34,066.00 |
|
Payments of lease liabilities |
4,116.00 |
|
Dividends paid |
1,24,804.00 |
|
Interest paid |
15,553.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
financing activities |
2,87,739.00 |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(1,83,770.00) |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
(45.00) |
|
Net increase (decrease) in cash
and cash equivalents |
(1,83,815.00) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
6,54,477.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
4,70,662.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
Price Waterhouse & Co Chartered Accountants LLP |
Yes |
30-11-2026 |