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 numbers in line with analysts' estimates.

The truck maker reported a consolidated net profit of Rs.796 crore, marking a 4.5% YoY increase over the same period last year, impacted by a one-time charge of Rs.308 crore towards the new labour code and higher raw material costs.

The company's quarterly expenses rose 20.1%, led by a 19.2% increase in raw material costs.

It posted revenue of Rs.11,534 crore, marking a 22% increase over the same period last year, while EBITDA came in at Rs.1,535 crore, up 27% from Rs.1,211 crore in the corresponding quarter of the previou...