New Delhi, Feb. 11 -- Ashok Leyland, the Indian flagship of the Hinduja Group, announced its December quarter results during market hours on Wednesday, February 11, reporting its highest-ever third-quarter revenue, EBITDA, and net profit, driven by higher sales.

It posted a consolidated net profit of Rs.796 crore, marking a 4% increase over the same period last year, after accounting for a one-time charge of Rs.308 crore towards the new labour Code.

The company recorded its highest-ever Q3 revenue of Rs.11,534 crore, marking a 22% increase over the same period last year. Q3 EBITDA also reached an all-time high of Rs.1,535 crore, up 27% from Rs.1,211 crore in the corresponding quarter of the previous year.

EBITDA margins expanded by 500...