ASK Automotive shares rose 4.63% to ₹440.50 on the NSE as of 9:35 am following strong Q2 FY25 earnings. The company, a leading auto component maker specializing in brake systems for two-wheelers, reported significant growth across key financial metrics.
Key Financial Highlights
- Net Profit: Increased by 63% YoY to ₹67 crore, up from ₹41 crore in Q2 FY24.
- Total Income: Grew 22.2% YoY to ₹976 crore, compared to ₹798 crore in the same period last year.
- EBITDA: Up 50.3% to ₹119 crore, with margins improving to 12% from 9.4% YoY.
Chairman and Managing Director Kuldeep Singh Rathee highlighted the company’s fourth consecutive quarter of robust performance, noting that ASK Automotive continues to outperform two-wheeler industry growth. This quarter marks the company’s highest-ever revenue and EBITDA, reflecting its strong market position and operational efficiency.
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Ask Automotive