Ashok Leyland FY26 profit rises 11.7%, but OHM losses and cash flow weaken
Ashok Leyland reported FY26 consolidated net profit of ₹3,471.03 crore, while operating cash inflow fell 38.7%. Electric-bus unit OHM Mobility Solutions widened its loss to ₹35.69 crore despite revenue climbing to ₹268.23 crore and its fleet exceeding 1,400 buses.
Ashok Leyland’s FY26 profit rose 11.7%, but its OHM electric-bus unit widened losses despite rapid revenue growth. Operating cash flow fell 38.7%, while the HLFL loan-book valuation charge rose 89% to ₹1,234.24 crore.
Why this matters
The result follows Ashok Leyland's partnership with Shriram Automall for certified pre-owned sales and its use of AI to monitor 170,000 connected vehicles, while OHM Mobility Solutions expands its electric-bus fleet.
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