Chennai: Ashok Leyland, flagship of the Hinduja Group, reported a revenue of Rs 7,608 crore (Rs 6,076 crore), an increase of 25 per cent, over the same period last year.

The company achieved an EBITDA margin of 10.6 per cent in Q2 as opposed to 10.1 per cent in the same period last year. The company has posted consistent operating margins, despite market volatility, with double-digit EBITDA margins in 14 of the past 15 quarters. Net profit increased by 37 per cent to Rs 460 crore, as against Rs 334 crore

For H1 the results saw revenue increase by 34 per cent to Rs 13,858 crore, EBITDA increased by 58 per cent to Rs 1,453 crore, while net profit increased by 86 per cent to Rs 830 crore.

MD, Ashok Leyland Ltd, Vinod K Dasari, said, “In a challenging market scenario and aggressive competitive environment, we have registered a record financial performance. After bringing the world’s first BS4 engine with intelligent EGR, we continued to provide innovative world class products like the world’s first inline pump based BS4 engine.”