ASK Automotive Debt & Borrowing: ₹100 Cr
ASK Automotive Limited has extended an inter-corporate loan of Rs. 100 Crore to its wholly-owned subsidiary, ASK Automobiles Private Limited.
- Value
- ₹100.0 Cr
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ASK Automotive Limited has extended an inter-corporate loan of Rs. 100 Crore to its wholly-owned subsidiary, ASK Automobiles Private Limited.
ASK Automotive's ESG rating by SES was upgraded from 67.5 to 69.0 for FY25-26. The company did not commission the rating; it was published independently.
ASK Automotive's joint venture, ASK GTD Control Cables, has commenced commercial production at its manufacturing facility in Karoli, Rajasthan.
ASK Automotive delivered record Q1 results with 52.1% revenue growth, though margins were optically compressed by a 33% pass-through impact of aluminum alloy price inflation.
ASK Automotive reported robust Q1 FY27 results with 52.1% YoY total income growth, driven by product diversification and premiumization into high-pressure die-casted alloy wheels and EV segments.
ASK Automotive Ltd reported revenue from operations of ₹1,358 Cr (+52.4% YoY) and net profit of ₹85.1 Cr (+28.7% YoY) for Q1 FY27.