Ashok Leyland, flagship of the Hinduja Group, reported revenue of Rs.4258.84 Crore (Rs.3883.13 Crore) for the quarter ended 30th June 2016 reporting a growth of 10 percent.  Profit After Tax (PAT) was Rs. 290.78 Crores (Rs.144.50 Crores) reporting a growth of 101 percent. MHCV domestic volume for the quarter was 22061 nos., a record high.

In Q1, the Company had reported orders from various STUs for nearly 3600 buses to be executed during the year.  Speaking on the occasion, Vinod K. Dasari, Managing Director, Ashok Leyland Limited said, "We recorded a domestic volume growth of 18.5 percent as against the industry growth of 14.5 percent. I am happy to note that we continue to outperform the industry. Our initiatives on network development, operational efficiency, talent development, and new products continue. Key exports markets were down in Q 1 but are expected to bounce back in Q 2 and beyond."

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