ASK Automotive Limited has reported a strong financial performance for the third quarter of FY25, with revenue from operations rising by 21% YoY to ₹919 crore from ₹763 crore in Q3 FY24. However, on a sequential basis, revenue declined by 5.8% QoQ from ₹976 crore in Q2 FY25. The company’s EBITDA surged by 40.8% YoY to ₹115 crore from ₹82 crore, though it registered a 3.3% QoQ decline from ₹119 crore. The EBITDA margin improved by 180 basis points YoY to 12.5%, reflecting improved economies of scale and cost optimization initiatives.
Net profit (PAT) for the quarter rose 31.9% YoY to ₹66 crore from ₹50 crore in Q3 FY24, while it saw a 2.1% QoQ decline from ₹67 crore in Q2 FY25. The company’s EPS for Q3 FY25 stood at ₹3.34, up 31.9% YoY. ASK Automotive’s growth was driven by continued demand across its key business segments, including Advanced Braking Systems, Aluminium Light Weighting Precision Solutions, and Safety Control Cables, which registered 14%, 25%, and 10% YoY growth, respectively.
For the nine-month period of FY25, the company posted a 24% YoY increase in revenue, reaching ₹2,760 crore, with EBITDA growing 50% YoY to ₹337 crore. PAT also surged 51% YoY to ₹190 crore. The company’s focus on capacity expansion, particularly at its Karoli facility, and the launch of new initiatives such as its solar power plant in Sirsa have contributed to sustained profitability.
ASK Automotive remains confident in outperforming industry growth in the upcoming quarters, backed by improving two-wheeler sector demand and enhanced operational efficiencies.
