ASKAUTOLTDNSEASK Automotive LimitedHighPositive
Announced Tue, 19 May · 18:23 IST

ASK Automotive Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 1.85 per equity share.

Corporate Actions View source PDF

ASKAUTOLTD · price

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AI summary

ASK Automotive's Board has recommended a final dividend of Rs. 1.85 per equity share (92.5% payout on Rs. 2 face value) for FY2025-26, subject to shareholder approval at the 38th AGM on August 7, 2026. The record date for dividend entitlement is July 31, 2026, and payment will be made by September 5, 2026. Financial performance showed strong growth: standalone PAT rose 8% to Rs. 229.60 crore while consolidated PAT jumped 20% to Rs. 297.32 crore, driven by consolidated revenue growth of 16% to Rs. 4,176.32 crore.

Likely market impact

The generous 92.5% payout ratio signals management confidence in sustained cash flows and reflects the company's healthy profitability trajectory, which should support investor sentiment positively.