Ashok Leyland Q4 net profit grows 38% to Rs 1,246 crore; board approves 1:1 bonus share issue

Ashok Leyland Ltd reported a robust 38.4% increase in net profit, reaching Rs 1,246 crore for the fourth quarter ending March 31, 2025. This growth underscores the company's strategic initiatives and operational efficiencies, contributing to a strong financial performance. The commercial vehicle manufacturer attributed its success to increased demand across segments and cost optimization measures. In addition to the impressive financial results, Ashok Leyland's board has approved a 1:1 bonus share issue, reflecting confidence in the company's future prospects and a commitment to rewarding shareholders. This decision is likely to enhance investor sentiment and boost market confidence, as it effectively doubles the number of shares held by existing shareholders without altering their investment value. The company's performance in Q4 aligns with its ongoing expansion plans and innovation-driven approach, positioning Ashok Leyland to capitalize on emerging opportunities in the automotive sector. As the industry continues to evolve, the company's focus on sustainable growth and technological advancements is expected to further strengthen its market position in the coming years.

— Authored by Next24 Live