ASK Automotive Q1 PAT Rises 16% to Rs 660 Million

30 Jul 2025 CW Team

ASK Automotive Limited, India’s leading manufacturer of brake shoes and advanced braking systems for two-wheelers, has announced its unaudited financial results for the quarter ended 30 June 2025.

The company reported consolidated revenue of Rs 8.95 billion, reflecting a 3.5 per cent year-on-year increase. Excluding the strategically reduced wheel assembly business, revenue growth stood at 11.1 per cent. The reduction in the wheel assembly segment, which declined by 53.5 per cent, is part of ASK’s ongoing focus on value-added products.

In terms of vertical performance, the Advanced Braking Systems segment grew by 4 per cent, Aluminium Lightweight Precision Solutions by 15 per cent, and Safety Control Cables by 6 per cent. Export revenue remained stable at Rs 330 million.

EBITDA rose by 19.3 per cent year-on-year to Rs 1.23 billion — the highest quarterly EBITDA in the company’s history — with margins improving by 183 basis points to 13.8 per cent. This was driven by better scale, improved utilisation of the Karoli and Bangalore facilities, and ongoing cost optimisation measures.

Profit after tax reached Rs 660 million, up 16.3 per cent year-on-year, while earnings per share increased to Rs 3.35 from Rs 2.88 in Q1 FY25.

Chairman and Managing Director Mr Kuldip Singh Rathee stated, “This marks our seventh consecutive strong quarter since listing. We continue to outperform industry growth in two-wheeler production, and our strategic focus on high-margin verticals and operational efficiency is paying off. Our ramp-up at Karoli and Bangalore is progressing well, and we aim to sustain or improve current EBITDA margin levels in the coming quarters.”

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..