ICICI Securities Ltd | Retail Equity Research Ashok Leyland's Q4FY18 results came in line with our estimates on the operational front. Revenues came in at | 8773 crore, up 32.6% YoY, 23.3% QoQ, below our estimate of | 9284.6 crore Total volumes increased 23.3% YoY, 25.9% QoQ to 58734 units with M&HCV; units growing 15% YoY to 44425 units while LCV volumes grew 59% to 14309 units. ASP of ~14.9 lakh was below our estimate EBITDA was at | 1032.7 crore, up 41.5% YoY, 31% QoQ vs. our...