ASK Automotive’s shares surged 3% in morning trade following a robust financial performance for Q3 FY25. As of 10: 05 AM, the shares were trading 3.17% higher at Rs 452.60.
The company’s revenue from operations rose by 21% YoY, reaching ₹919 crore, up 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 saw a significant 40.8% YoY increase, rising to ₹115 crore from ₹82 crore, although it registered a slight 3.3% decline from ₹119 crore in Q2 FY25. EBITDA margin improved by 180 basis points YoY to 12.5%, reflecting improved economies of scale and cost optimization efforts.
Net profit (PAT) for Q3 FY25 stood at ₹66 crore, up 31.9% YoY from ₹50 crore in Q3 FY24, despite a marginal 2.1% QoQ dip. The company’s earnings per share (EPS) rose to ₹3.34, marking a 31.9% YoY increase.
ASK Automotive’s growth was driven by strong demand across key segments like Advanced Braking Systems, Aluminium Light Weighting, and Safety Control Cables, reporting 14%, 25%, and 10% YoY growth, respectively. For the nine-month period of FY25, revenue increased 24% YoY, with EBITDA growing 50% YoY and PAT up 51% YoY.
ASK Automotive shares opened at ₹438.00, with a high of ₹458.90 and a low of ₹431.70 for the day. Over the past 52 weeks, the stock reached a high of ₹508.95 and a low of ₹240.10, reflecting significant price fluctuations.
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