Please find enclosed Outcome of Board Meeting held on May 19, 2026
ASKAUTOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ASK Automotive Limited reported FY2026 results with standalone revenue of Rs 3,304.88 Cr and PAT of Rs 229.60 Cr (up 8% YoY). On consolidated basis, revenue grew 16% to Rs 4,176.32 Cr with PAT up 20% to Rs 297.32 Cr. EPS stands at Rs 15.08 (consolidated). The Board approved a final dividend of Rs 1.85 per share (92.5% payout) for FY2025-26, subject to shareholder approval. Statutory auditors Walker Chandiok & Co LLP issued unmodified (clean) audit opinions on both standalone and consolidated results. The company also appointed Cost Auditors for FY2026-27 and re-appointed two directors retiring by rotation.
Positive results with 20% PAT growth on consolidated basis and maiden dividend declaration indicate healthy operational performance. Clean audit opinions with no going concern issues support financial stability. The stock may see positive reaction given the earnings beat and shareholder-friendly payout.