Ashok Leyland, a leading commercial vehicle manufacturer, reported a significant increase in net profit for Q2 of the fiscal year 2023-24, reaching Rs 569.31 crore, more than twice the figure from the same period last year. The company’s revenue also saw a notable surge, rising by 19% to Rs 11,429.04 crore. Ashok Leyland’s strong performance is attributed to higher sales in various segments, including buses, making it the top bus manufacturer in India. The company remains optimistic about continued growth in the second half of the fiscal year, backed by robust macroeconomic factors.