Please find enclosed herewith Transcript of Investors/analysts Call organized on October 31, 2025 post declaration of Un-Audited Financial Results of the Company (Standalone & Consolidated) for the quarter and half year ended on September 30, 2025.

ASK Automotive reported its highest-ever quarterly revenue, EBITDA and PAT in Q2 FY26, marking 8 consecutive quarters of robust performance post-listing. Consolidated revenue grew 8.5% YoY (16.6% excluding the strategically reduced wheel assembly business), EBITDA rose 19.5% and PAT grew 18.6%. EBITDA margin expanded 124 bps to 13.4% (would have been 13.7% without a 30 bps hit from rising aluminum alloy prices). All three segments grew, led by Aluminium Lightweighting Precision Solutions (ALPS) at +22%. Management reiterated mid-teens revenue growth guidance and 13.7% EBITDA margin guidance. CAPEX of Rs 450 cr is planned for FY26 (Rs 370 cr already deployed), with Bangalore plant utilisation at 60% expected to reach 70-75% by Q4 FY26. Alloy wheel business has Rs 250 cr revenue potential pending approvals from Japanese and Taiwanese OEMs, and a new German JV and sunroof cable JV are expected to contribute from H2 FY27.