Ashok Leyland delivers record volumes, revenue, profit in Q2

Chennai, Nov 15 (UNI) CV makers Ashok Leyland delivered a strong performance in Q2, achieving all time high in commercial vehicle volumes, revenue and profits, reflecting sustained business momentum and operational strength. Commercial Vehicle (CV) volumes surged 32% to 64,677 units, compared with 49,116 units in the corresponding quarter last year. Revenue grew by an impressive 39% to Rs.13,364 crore, up from Rs.9,588 crore, driven by strong market demand and better price realisation and mix. EBITDA stood at Rs.1,350 Cr (10.1%), as against Rs.1,162 Cr (12.1%), while PBT reached Rs.1,187 Cr, compared to Rs.1,043 Cr growing at 14%, reflecting a…