ASK Automotive Limited — Others, 07-07-2025: Shareholders meeting

ASK Automotive Limited has announced a board meeting on August 1, 2025, to consider the financial results for the quarter and half-year. The company reported consolidated revenue of ₹3,600.83 crore, up 20.2% year-over-year, with profit after tax rising 42.5% to ₹247.62 crore. EBITDA margin improved to 12.3%, driven by growth in Advanced Braking Systems (16%), Aluminium Lightweighting Precision Solutions (28%), and Safety Control Cables (14%). The company operates 18 manufacturing facilities and recently commissioned a mega plant in Karoli, Rajasthan, and its 18th plant in Bengaluru. It has strategic joint ventures with AISIN Group and technical collaborations with Kyushu Yanagawa Seiki, Japan. Net debt decreased to ₹315 crore from ₹341 crore, with a debt-equity ratio of 0.38. The Board has recommended a final dividend of ₹1.50 per share. Key executive appointments include re-designation of Mr. Prashant Rathee and Mr. Aman Rathee as Joint Managing Directors, and appointment of Mr. Rajan Wadhera as an Independent Director. The company continues to focus on expansion in EV-related segments, export growth, and sustainability initiatives including a 9.9 MW solar power plant in Haryana. Corporate social responsibility expenditure was ₹4.13 crore, supporting education, healthcare, and environmental programs via the AHSAAS Trust. No material litigations or regulatory penalties were reported. The company maintains strong corporate governance with ongoing audits and compliance to applicable standards.