ASK Automotive's Q1 FY 2025-26 Quarterly Results

Result Summary

• ASK Automotive Ltd reported a 13.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.5%.
• Its expenses for the quarter were up by 11.2% QoQ and 2.3% YoY.
• The net profit increased 38.3% QoQ and increased 16.3% YoY.
• The earnings per share (EPS) of ASK Automotive Ltd stood at 3.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

ASK Automotive Ltd is a company that specializes in the automotive industry. The company primarily focuses on the manufacturing and supply of automotive components. Its product range includes friction products, aluminum die casting products, and safety components, serving mainly the two-wheeler and three-wheeler segments. ASK Automotive is considered a significant player in its market, providing essential components to numerous automotive manufacturers. At this time, there is no specific information available regarding any recent major developments or strategic shifts within the company.

Revenue

In Q1FY26, ASK Automotive Ltd reported a total income of ₹894.96 crores, showing a 13.9% increase from the previous quarter (Q4FY25) and a 3.5% rise from the same quarter last year (Q1FY25), where the total income stood at ₹864.86 crores. This indicates a positive growth trajectory in the company's revenue generation over both sequential quarters and year-over-year comparison. The company's ability to increase its income within these periods reflects a robust revenue stream, potentially supported by strong market demand or effective sales strategies.

Profitability

ASK Automotive Ltd's profitability metrics display a favorable upward trend. The profit before tax (PBT) for Q1FY26 was ₹86.58 crores, representing a significant increase of 47.1% compared to the previous quarter's PBT of ₹58.86 crores, and a 16.0% increase over the PBT of ₹74.63 crores in Q1FY25. After accounting for taxes, the profit after tax (PAT) for Q1FY26 was ₹66.07 crores, which reflects a 38.3% rise from the previous quarter's PAT of ₹47.76 crores, and a 16.3% increase compared to the ₹56.83 crores reported in Q1FY25. The company's earnings per share (EPS) also improved, increasing by 41.7% quarter-over-quarter and 17.2% year-over-year to ₹3.40 in Q1FY26.

Operating Metrics

The operating metrics for ASK Automotive Ltd highlight an increase in total expenses, which amounted to ₹808.38 crores in Q1FY26. This represents an 11.2% rise from the previous quarter's expenses of ₹727.00 crores and a 2.3% increase compared to expenses of ₹790.23 crores in Q1FY25. Despite the growth in expenses, the company's profit margins have expanded, as evidenced by the increases in both profit before and after tax. The tax expense for Q1FY26 was ₹21.11 crores, marking a substantial 73.6% increase from ₹12.16 crores in Q4FY25, and a 10.3% rise from ₹19.14 crores in Q1FY25. These figures suggest that the company has managed its cost structures effectively, leading to improved profitability metrics.