Ashok Leyland reported a 20% rise in Q1 net profit to ₹611 crore, compared to ₹509 crore in the same quarter last year. Revenue from operations increased 9.4% to ₹11,709 crore. EBITDA grew 18% to ₹2,173 crore, with margin expansion to 18.5%. The company achieved record commercial vehicle volumes of 44,238 units.