Please find enclosed for the appointment of Cost Auditors
ASKAUTOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ASK Automotive Ltd reported FY2026 standalone revenue of Rs 3,304.88 crore (up 2.7% YoY) and PAT of Rs 229.60 crore (up 8% YoY). Consolidated revenue was Rs 4,176.32 crore (up 16% YoY) with PAT of Rs 297.32 crore (up 20% YoY), including contributions from subsidiary ASK Automobiles and 3 joint ventures. Statutory auditors Walker Chandiok & Co LLP issued unmodified opinions on both sets of results. The Board recommended final dividend of Rs 1.85 per share (92.5% payout). Cost auditors M/s Kashyap Kumar & Associates were appointed for FY2026-27. Two directors retiring by rotation (Mrs. Vijay Rathee and Mr. Rajesh Kataria) are proposed for re-appointment at the August 2026 AGM. The company also incorporated a new joint venture ASK GTD Control Cables Private Limited in September 2025.
Solid financial performance with ~20% consolidated PAT growth and clean audit opinions indicate stable operations. Dividend payout provides shareholder returns. Appointment of cost auditors is routine compliance.