Please find enclosed press release for the Quarter ended June 30, 2025
ASKAUTOLTD · price
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ASK Automotive Limited reported strong Q1 FY26 results with consolidated revenue growing 3.5% year-on-year to ₹895 Cr. Excluding the strategically reduced Wheel Assembly business, core revenue grew 11.1% YoY. The company posted its highest-ever quarterly EBITDA of ₹123 Cr, up 19.3% YoY, with margins expanding 183 basis points to 13.8%. Profit after tax rose 16.3% YoY to ₹66 Cr, while EPS climbed to ₹3.35 from ₹2.88. This marks the seventh consecutive quarter of robust performance since listing, supported by capacity ramp-up at Karoli and Bangalore facilities, cost optimization, and growth in value-added segments such as Advanced Braking Systems, Aluminium Light Weighting Precision Solutions, and Safety Control Cables. Exports remained flat at ₹33 Cr.
Strong double-digit profit growth, record-high EBITDA margins, and consistent outperformance versus the two-wheeler industry signal healthy business momentum, likely to be viewed positively by investors. The deliberate exit from low-value Wheel Assembly business reflects a clear shift towards profitability and quality of revenue, which should support sustained margin gains in coming quarters.