ASK Automotive Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2025.
ASKAUTOLTD · price
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ASK Automotive's board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditor Walker Chandiok & Co LLP issuing an unmodified opinion. Consolidated revenue from operations grew about 20% to Rs. 3,600.83 crore (vs Rs. 2,994.55 crore in FY24), while consolidated profit after tax jumped roughly 42% to Rs. 247.62 crore (vs Rs. 173.77 crore), with EPS at Rs. 12.56. The board recommended a final dividend of Rs. 1.50 per share (75% on face value of Rs. 2), with July 18, 2025 as the record date and payment by August 30, 2025. The 37th AGM was scheduled for August 1, 2025. Additionally, promoter directors Prashant Rathee and Aman Rathee were re-designated as Joint Managing Directors, and Rajan Wadhera (ex-Mahindra Auto) was appointed as an Independent Director.
Strong FY25 performance with double-digit revenue and PAT growth, along with a healthy dividend, is positive for shareholders. EBITDA margins expanded meaningfully, and the auditor's clean opinion reinforces confidence, though the key risk to watch is margin sustainability given rising depreciation and finance costs from capacity expansion.