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ASK Automotive LimitedInvestor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

04-11-2024 · 05:28 pm

ASK Automotive Limited reported strong Q2 and H1 FY25 results, with revenue up 22%, EBITDA rising 50%, and PAT surging 63% year-on-year. The company outperformed the two-wheeler industry and achieved the highest quarterly revenue and EBITDA. Expansion plans continue, with a new plant in Bengaluru set to operationalize soon. They anticipate sustained growth driven by positive market sentiment and increased production capacity, while maintaining an EBITDA margin of around 12%.

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