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 Transport

10 Sep 2025

Bengaluru Cabinet Approves Rs 9.7 Billion Double-Decker Flyover

On Thursday, 4 September, the Karnataka cabinet approved a Rs 9.7 billion double-decker viaduct flyover, marking a first-of-its-kind project for Bengaluru. The initiative will integrate Metro Phase 3 expansion with an elevated flyover, which will become the longest in the city.Under this project, the Bangalore Metro Rail Corporation Limited (BMRCL) will construct elevated metro lines stacked above flyovers on two key corridors. This metro-plus-road development is expected to significantly enhance connectivity while easing traffic congestion across the city. It is the first time in Bengaluru th..

Versova-Bandra Sea Link Nears Completion in Mumbai

Mumbai’s western coastline is undergoing a major transformation as the Versova–Bandra Sea Link (VBSL), officially named the Swatantrya Veer Savarkar Sea Link, approaches completion.The 9.8 km, 4+4 lane motorway running parallel to the shore is expected to turn one of the city’s most congested suburban commutes into a swift coastal drive. Once operational, the VBSL will reduce travel time between Versova and Bandra to just 10–15 minutes, compared to the current 45–60 minutes.By diverting traffic from the saturated Western Express Highway and SV Road, the project is anticipated to reli..

Sundarpada-Jatni Road to Be Ready by November-End

Public Works Minister Prithiviraj Harichandan has announced a November-end deadline for the completion of the Sundarpada–Jatni road project, a major connectivity initiative in the state capital region.The announcement followed an on-site review of the 13.5-kilometre stretch, during which Harichandan met senior departmental officials, the chief engineer, contractors, and local stakeholders to expedite progress. The project will convert the existing road into a four-lane corridor, improving traffic flow and easing congestion on surrounding routes.Officials also addressed parallel issues, inclu..