ASK Automotive Q2 Results: Profit rises 27.5% to ₹102 crore, revenue jumps 47.5%
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓ASK Automotive reported a 27.5% profit rise to ₹102 crore for the second quarter of FY27.
- ✓Revenue jumped 47.5% to ₹1,555 crore.
- ✓Chairman Kuldip Singh Rathee said the company delivered a strong performance.
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- India Economy
ASK Automotive reported a 27.5% year-on-year (YoY) increase in consolidated net profit to ₹102 crore for the second quarter of FY27, compared with ₹80 crore in the corresponding quarter last year.
Revenue rose 47.5% YoY to ₹1,555 crore from ₹1,054 crore in the year-ago period, while EBITDA increased 30.7% to ₹179 crore, compared with ₹137 crore a year earlier.
However, EBITDA margin contracted to 12% from 13% in the corresponding quarter last year.
Earnings per share (EPS) increased 27.3% YoY to ₹5.15 in Q2 FY27, compared with ₹4.05 in the same period last year.
Two-wheeler industry outperformance continues
ASK Automotive said it continued to outperform the growth in vehicle production in the two-wheeler (2W) industry.
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