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.
ASK Automotive delivered strong Q4/FY26 results, outperforming the 2W industry with 30% net revenue growth in Q4. Strategy focuses on expanding high-margin alloy wheels and safety systems.
ASK delivered strong double-digit growth, outperforming the two-wheeler industry despite significant aluminum price volatility and geopolitical headwinds.
ASK Automotive reported strong FY26 performance with total income of ₹4,196 Cr (up 16.2% YoY). Focus remains on 2W braking dominance (~50% share) and expansion into Aluminum Lightweighting.
ASK Automotive Ltd reported revenue from operations of ₹1,147 Cr (+35.0% YoY) and net profit of ₹71.5 Cr (+24.1% YoY) for Q4 FY26.