Mumbai, Nov. 15 -- Chennai-headquartered commercial vehicle major Ashok Leyland, the flagship company of the Hinduja Group, has reported its financial results for Q2 FY2027. The company recorded wholesales of 64,677 units, a 32 percent increase from 49,116 units a year ago.

The company's revenue grew 39 percent to INR 133.64 billion compared with INR 95.88 billion a year ago, EBITDA reached INR 13.50 billion at a margin of 10.1 percent, while profit before tax rose 14 percent to INR 11.87 billion and profit after tax increased 13 percent to INR 8.69 billion. The company ended the quarter with net cash of INR 35.46 billion, up from INR 9.90 billion a year ago.

In the medium and heavy commercial vehicle (MHCV) segment, volumes grew 44 per...