Ashok Leyland Q2 Results FY27: PAT Rises 14.98% to Rs 869.02 Cr, Revenue Rs 13,364.28 Cr

Ashok Leyland Ltd (ASHOKLEY) Q2 Results FY27 announced on 14 November 2026, covering the company's financial performance for the July to September quarter. The standalone results show revenue of Rs 13,364.28 Cr and a PAT of Rs 869.02 Cr. The company filed the results date of 14 November 2026 with the NSE and BSE, and Ashok Leyland Q2 Results FY27 are summarised here for readers who want the key figures quickly.

This Ashok Leyland Q2 Results review covers the financial highlights, business drivers, outlook and risks. Readers who use the Univest Screener can pair it with the stock page for updates, and the results analysis begins with the Financial Highlights table that follows.

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Ashok Leyland Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 13364.28 Cr	Rs 12576.86 Cr	+6.26% YoY
Net Profit (PAT)	Rs 869.02 Cr	Rs 755.77 Cr	+14.98% YoY

Source: company filing for Ashok Leyland Q2 Results FY27, 14 November 2026. Figures in Rs Crore, Standalone basis.

Key Takeaways from Ashok Leyland Q2 Results: What Stands Out

• Revenue: Standalone revenue reached Rs 13,364.28 Cr, up 6.26% YoY from Rs 12,576.86 Cr in the same quarter of the previous year.
• Net profit: Net profit was Rs 869.02 Cr, up 14.98% YoY from Rs 755.77 Cr, so profit growth ran ahead of revenue growth.
• Return on equity: Return on equity stood at 28.19% in FY26, down from 32.02% in FY25, as the filing data records.
• Debt: Debt was 4.48 times total assets in FY26, a balance sheet point that returns under the risks later in this article.
• Ashok Leyland Q2 Results FY27: The next section turns these YoY growth figures into a fuller performance analysis.

Ashok Leyland Q2 Results FY27: Performance Analysis

The standalone numbers show Ashok Leyland growing both lines YoY. Revenue rose 6.26% to Rs 13,364.28 Cr from Rs 12,576.86 Cr, and net profit rose 14.98% to Rs 869.02 Cr from Rs 755.77 Cr. The results analysis of Ashok Leyland Q2 Results rests on those two figures.

Ashok Leyland Q2 Results FY27 put the two lines side by side, and the YoY growth of 14.98% on net profit is wider than the 6.26% on revenue. For readers tracking the quarterly results, that gap is the main feature of the standalone figures. Later filings will show how the pattern develops.

Investors will next look at coming disclosures to see whether revenue and net profit keep moving together. The comparison is YoY, so the figures stand against the July to September quarter of the previous year. Ashok Leyland Q2 Results FY27 record that comparison, which is where the results analysis turns to the business factors.

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Key Business Factors This Quarter

Revenue Growth – The results analysis points to three business factors, and the first is revenue. Revenue grew 6.3% year on year to Rs 13,364.28 Cr in the latest quarter, which forms the top line of the standalone figures.

Net Profit Growth – Net profit rose 15.0% year on year to Rs 869.02 Cr, and Ashok Leyland Q2 Results FY27 show this as a faster move than revenue. The supplied data confirms the rise but does not establish the specific cause.

Return on Equity – Return on equity was 28.19% in FY26, which gives full-year context to the quarterly results. It is an annual ratio read alongside the quarter, and it is not presented here as a driver of it.

FY27 Outlook After Ashok Leyland Q2 Results

Full-year FY27 performance will depend on the quarters that follow and on conditions disclosed for the industry. The results analysis here is therefore tied only to the reported figures, including net profit of Rs 869.02 Cr and revenue of Rs 13,364.28 Cr.

Ashok Leyland Q2 Results FY27 give one data point in that sequence. Later quarters will show whether the YoY growth in revenue and net profit repeats, and Univest will track those updates. The risks that investors should weigh alongside these figures come next.

Key Risks to Watch After Ashok Leyland Q2 Results FY27

High Debt Level

Debt is high at 4.48 times total assets in FY26. Investors reading Ashok Leyland Q2 Results FY27 may weigh this balance sheet figure alongside the profit growth, since it frames the risk around the earnings.

Volatile Quarterly Profit

Quarterly net profit has been volatile, ranging from Rs 615.81 Cr to Rs 1,290.70 Cr over the last 5 quarters. The latest Rs 869.02 Cr sits inside that range, so YoY growth in one quarter does not settle the trend.

Lower Return on Equity

Return on equity declined to 28.19% in FY26 from 32.02% in FY25. This earlier decline is worth tracking while the current quarter shows higher net profit.

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Conclusion

Ashok Leyland reported higher revenue and net profit YoY in its quarterly results for July to September 2026. The standalone results show revenue of Rs 13,364.28 Cr and net profit of Rs 869.02 Cr, with Ashok Leyland Q2 Results FY27 setting the base for later comparisons. New filings will add to this picture over time. Readers can revisit the Ashok Leyland Q2 Results as they arrive, and should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Ashok Leyland Q2 Results FY27

What are Ashok Leyland Q2 Results FY27?

Ans. Ashok Leyland Q2 Results FY27 are the standalone financial results for July to September 2026, declared on 14 November 2026, which means they show revenue of Rs 13,364.28 Cr and net profit of Rs 869.02 Cr.

What is the results date for Ashok Leyland Q2 Results FY27?

Ans. Ashok Leyland declared the quarterly results on 14 November 2026, so the results date for the July to September 2026 quarter is 14 November 2026, as the introduction of this article states.

What revenue was reported in Ashok Leyland Q2 Results FY27?

Ans. Ashok Leyland reported standalone revenue of Rs 13,364.28 Cr, compared with Rs 12,576.86 Cr a year earlier, which is the 6.26% YoY growth shown in the Financial Highlights section.

What net profit was reported in Ashok Leyland Q2 Results FY27?

Ans. Net profit in Ashok Leyland Q2 Results FY27 was Rs 869.02 Cr, up from Rs 755.77 Cr a year earlier, so the YoY change of 14.98% is covered in the Performance Analysis section.

How much YoY growth did revenue show in Ashok Leyland Q2 Results FY27?

Ans. Revenue showed YoY growth of 6.26% in Ashok Leyland Q2 Results FY27, while net profit grew faster at 14.98%, as the Key Takeaways section explains when it compares the two lines.

Did net profit rise or fall in Ashok Leyland Q2 Results?

Ans. Net profit rose in Ashok Leyland Q2 Results, reaching Rs 869.02 Cr against Rs 755.77 Cr a year earlier, which means the YoY growth was 14.98%, as covered in the Performance Analysis section.

Which quarter do Ashok Leyland Q2 Results FY27 cover?

Ans. Ashok Leyland Q2 Results FY27 cover the July to September 2026 quarter of FY27, so the comparison is with the same quarter of the previous year, as the Quick Answer at the top of this article explains.

Are Ashok Leyland Q2 Results consolidated results or standalone results?

Ans. Ashok Leyland Q2 Results are standalone results, so every figure here, including revenue of Rs 13,364.28 Cr, refers to the standalone basis, which the introduction and the conclusion both state clearly.

What business factors shaped Ashok Leyland Q2 Results FY27?

Ans. The business factors in Ashok Leyland Q2 Results FY27 are revenue growth of 6.3%, net profit growth of 15.0% and return on equity of 28.19% in FY26, as set out in the Key Business Factors section.

What are the key risks after Ashok Leyland Q2 Results FY27?

Ans. The key risks after Ashok Leyland Q2 Results FY27 are debt at 4.48 times total assets in FY26, volatile quarterly net profit and a lower return on equity, which the Key Risks section explains in turn.

What is the outlook after Ashok Leyland Q2 Results?

Ans. The outlook after Ashok Leyland Q2 Results rests on the reported figures, so full-year FY27 will depend on later quarters, which is why the Outlook section ties the view to YoY growth and net profit.

Where can I find the complete Ashok Leyland Q2 Results FY27 data?

Ans. The complete Ashok Leyland Q2 Results FY27 data sits in the Financial Highlights table of this article, while Univest also lists the company on its stock page for further reference, as the introduction notes.