About Ashok Leyland

Ashok Leyland is an Indian multinational automotive manufacturer based in Chennai and the Indian flagship of the Hinduja Group, with operations spanning all 28 States and 7 Union Territories and export reach to 49 countries. It runs nine manufacturing plants in India and 47 offices, supported by a wide dealer network.

The company’s core portfolio comprises medium and heavy commercial vehicles (trucks and buses), light commercial vehicles, spare parts, and power solutions (engines and gensets). In FY 2024–25, Ashok Leyland achieved a near‑record volumes of 1,95,097 commercial vehicles; including an all-time high of 21,253 M&HCV domestic buses. Exports rose by 29% to 15,255 units—a significant milestone. The company was recognised as India’s No.1 CV exporter in Q3FY25. Key brands and platforms launched or expanded in the year include EComet Star, AVTR series, BOSS Electric, AVTR 55T Electric, and the LCV BADA DOST i5, with new LCV offerings such as SAATHI broadening coverage   .

Ashok Leyland’s Business Segments

• Operating divisions and portfolio: Trucks and buses (M&HCV), LCVs, Spare Parts and Others, and Power Solutions; at the consolidated level, the Group also earns income from financing operations through its material subsidiary, Hinduja Leyland Finance Limited.
• Industries served: Commercial fleet operators, retail/individual entrepreneurs, government transport and civic agencies, and industrial sectors including construction, mining, manufacturing, and power generation.
• Revenue by geography (FY24–25, consolidated): India ₹43,856.45 crores; Outside India ₹4,678.69 crores; Total ₹48,535.14 crores.
• Revenue by industry vertical (share of turnover): Trucks (M&HCV) 58.04%; Bus (M&HCV) 15.66%; LCV 11.33%; Spare Parts and Others 14.97%.

Ashok Leyland Key Management

• Dheeraj G Hinduja, Executive Chairman

Latest Updates on Ashok Leyland

• Performance milestones: Third straight year of record revenue; exports up 29% to 15,255 units; M&HCV bus volumes at an all‑time high of 21,253 units; domestic M&HCV market share around 30.7%.
• Product launches: EComet Star 11T CNG, EComet Star 1615 Tipper, 1916 FES Haulage, multiple AVTR tippers/MAVs, AVTR 3522 & 2822 CNG, AVTR 4020 car carrier; BOSS Electric and AVTR 55T Electric (deliveries commenced); bus models including Oyster Vi, Lynx Max chassis, Oyster Vmax, ULE non‑AC, and Viking fully built AC; LCVs such as BADA DOST i5 and SAATHI.
• Strategic moves: Investment of ` 498.76 crores to increase stake in Optare Plc., UK to 93% (March 27, 2025).
• Partnerships and reach: New South Africa partnership with Hall Mark Group and 30 new touchpoints; recognized as India’s No.1 CV exporter in Q3FY25.
• Recognitions and sustainability: Consistently ranked #1 or #2 across multiple ESG risk ratings; advancing toward carbon neutrality by 2030; BRSR Core indicators assured by DNV.