New Delhi, Aug. 14 -- Ashok Leyland, the Indian flagship of the Hinduja Group, announced its June quarter results during market hours on Thursday, August 14, reporting a 13.4% year-on-year rise in consolidated net profit to Rs.594 crore, compared to Rs525 crore in the same quarter last year. The figure also came in higher than analysts' estimates.

The company reported its highest-ever Q1 revenue of Rs.8,725 crore, up 1.5% from Rs.8,598 crore in Q1FY25, along with a record Q1 in terms of CV volumes at 44,238 units.

At the operating level, EBITDA came in at Rs.970 crore, a 6.5% increase from Rs.911 crore in Q1FY25, with margins expanding by 50 basis points to 11% from 10.6%, driven by cost-control measures.

"Domestic MHCV industry volume...