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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	23-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	08-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	23-May-2025   13:00:00
End date and time of board meeting	23-May-2025   14:55:00
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	146955500000	485351400000
	Other income	1216300000	3584600000
	Total income	148171800000	488936000000
2	Expenses
(a)	Cost of materials consumed	79741700000	276843900000
(b)	Purchases of stock-in-trade	4763300000	17335800000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	5562500000	2615900000
(d)	Employee benefit expense	11251600000	41613000000
(e)	Finance costs	10528200000	39302100000
(f)	Depreciation, depletion and amortisation expense	3398000000	10866500000
(f)	Other Expenses
1	Other Expenses	13939100000	48345800000
2	Impairment loss allowance / write off relating to financing actvities	1788100000	6519500000
	Total other expenses	15727200000	54865300000
	Total expenses	130972500000	443442500000
3	Total profit before exceptional items and tax	17199300000	45493500000
4	Exceptional items	-1108900000	154000000
5	Total profit before tax	16090400000	45647500000
6	Tax expense
7	Current tax	6533900000	17258600000
8	Deferred tax	-2787300000	-5123200000
9	Total tax expenses	3746600000	12135400000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	12343800000	33512100000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	115400000	315800000
16	Total profit (loss) for period	12459200000	33827900000
17	Other comprehensive income net of taxes	2211500000	8704300000
18	Total Comprehensive Income for the period	14670700000	42532200000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	11300900000	31068000000
	Total profit or loss, attributable to non-controlling interests	1158300000	1158300000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	12525700000	36199400000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	2145000000	6332800000
21	Details of equity share capital
	Paid-up equity share capital	2936500000	2936500000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		119384400000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.85	10.58
	Diluted earnings (loss) per share from continuing operations	3.84	10.56
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	3.85	10.58
	Diluted earnings (loss) per share from continuing and discontinued operations	3.84	10.56
24	Debt equity ratio	0.0057	0.0057
25	Debt service coverage ratio	0.0634	0.0321
26	Interest service coverage ratio	0.2074	0.1518
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	62891400000
	Capital work-in-progress	3587900000
	Investment property
	Goodwill	13358900000
	Other intangible assets	12117600000
	Intangible assets under development	2185000000
	Biological assets other than bearer plants
	Investments accounted for using equity method	1401700000
	Non-current financial assets
	Non-current investments	18025600000
	Trade receivables, non-current
	Loans, non-current	342349600000
	Other non-current financial assets	7261200000
	Total non-current financial assets	367636400000
	Deferred tax assets (net)	1683300000
	Other non-current assets	9881800000
	Total non-current assets	474744000000
2	Current assets
	Inventories	39860800000
	Current financial asset
	Current investments	46669200000
	Trade receivables, current	33468700000
	Cash and cash equivalents	65447700000
	Bank balance other than cash and cash equivalents	7186700000
	Loans, current	133849600000
	Other current financial assets	5843500000
	Total current financial assets	292465400000
	Current tax assets (net)	43300000
	Other current assets	9796100000
	Total current assets	342165600000
3	Non-current assets classified as held for sale	236800000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	817146400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2936500000
	Other equity	119384400000
	Total equity attributable to owners of parent	122320900000
	Non controlling interest	36127700000
	Total equity	158448600000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	365683200000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	1170600000
	Total non-current financial liabilities	366853800000
	Provisions, non-current	8480000000
	Deferred tax liabilities (net)	13990200000
	Deferred government grants, Non-current
	Other non-current liabilities	3859200000
	Total non-current liabilities	393183200000
	Current liabilities
	Current financial liabilities
	Borrowings, current	133937900000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	952800000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	79242000000
	Total Trade payable	80194800000
	Other current financial liabilities	22193800000
	Total current financial liabilities	236326500000
	Other current liabilities	11627400000
	Provisions, current	11189600000
	Current tax liabilities (Net)	6329500000
	Deferred government grants, Current
	Total current liabilities	265473000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	41600000
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	658697800000
	Total equity and liabilites	817146400000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Commercial vehicle	129266800000	423332800000
2	Financial service	17693400000	62029800000
	Total Segment Revenue	146960200000	485362600000
	Less: Inter segment revenue	4700000	4700000
	Revenue from operations	146955500000	485351400000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Commercial vehicle	13889800000	36889700000
2	Financial service	3110400000	8992300000
	Total Profit before tax	17000200000	45882000000
	i. Finance cost	1017200000	1017200000
	ii. Other Unallocable Expenditure net off Unallocable income	-222800000	-222800000
	Profit before tax	16205800000	45963300000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Commercial vehicle	250885700000	250885700000
2	Financial service	566260700000	566260700000
	Total Segment Asset	817146400000	817146400000
	Un-allocable Assets	0	0
	Net Segment Asset	817146400000	817146400000
4	Segment Liabilities
	Segment Liabilities
1	Commercial vehicle	181192800000	181192800000
2	Financial service	477505000000	477505000000
	Total Segment Liabilities	658697800000	658697800000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	658697800000	658697800000
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
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	55400000	-128200000
	Total Amount of items that will not be reclassified to profit and loss	55400000	-128200000
2	Income tax relating to items that will not be reclassified to profit or loss	14500000	-31700000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to Profit or Loss	3036800000	11840700000
	Total Amount of items that will be reclassified to profit and loss	3036800000	11840700000
4	Income tax relating to items that will be reclassified to profit or loss	866200000	3039900000
5	Total Other comprehensive income	2211500000	8704300000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			45647500000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			3973100000
	Adjustments for decrease (increase) in inventories			219300000
	Adjustments for decrease (increase) in trade receivables, current			4899200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			2212200000
	Adjustments for other financial assets, non-current			-76036800000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			12247300000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			984100000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			10866500000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			6778600000
	Adjustments for provisions, current			2075800000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			2110600000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-25200000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			138200000
	Adjustments for fair value losses (gains)			-1280100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-656800000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-50600000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-31544600000
	Net cash flows from (used in) operations			14102900000
	Dividends received			0
	Interest paid			0
	Interest received			-945500000
	Income taxes paid (refund)			11502600000
	Other inflows (outflows) of cash			-370100000
	Net cash flows from (used in) operating activities			1284700000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			11427900000
	Other cash payments to acquire equity or debt instruments of other entities			26959900000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			491000000
	Purchase of property, plant and equipment			16480900000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			14200000000
	Cash receipts from repayment of advances and loans made to other parties			17500000000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			890700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-30251500000
	Net cash flows from (used in) investing activities	-57582700000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			24700000
	Proceeds from issuing other equity instruments			3920400000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			426826000000
	Repayments of borrowings			336328200000
	Payments of lease liabilities			1405900000
	Dividends paid			20407700000
	Interest paid			3053500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			69575800000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			13277800000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-3300000
	Net increase (decrease) in cash and cash equivalents			13274500000
	Cash and cash equivalents cash flow statement at beginning of period			52173200000
	Cash and cash equivalents cash flow statement at end of period			65447700000