ASK Automotive Releases Q1 Financial Results; Board Approves New Internal Auditor Appointment
ASK Automotive Limited has announced its Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. The company's Board of Directors approved these results during a meeting held on August 4, 2026, along with the appointment of M/s Ernst & Young LLP as an Internal Auditor for the Financial Year 2026-27.The Board decision included approving the financial performance data alongside the Limited Review Report provided by the company's Statutory Auditors.
Appointment of Internal Auditor
In a key operational update, the Board approved the appointment of M/s Ernst & Young LLP as an Internal Auditor for ASK Automotive Limited for the Financial Year 2026-27. The appointment was made following recommendations from the Audit Committee.Key details regarding this appointment are summarized below:
| Detail | Information |
|---|---|
| Role | Internal Auditors |
| Appointed For | Financial Year 2026-27 |
| Date of Appointment | August 04, 2026 |
| Auditor Profile Summary | Ernst & Young LLP (EY India) is a global network member providing Assurance, Consulting, Strategy and Transactions, and Tax services. |
Standalone Financial Performance Highlights
The company's operations primarily focus on manufacturing auto components, including advanced braking systems, aluminium lightweighting precision solutions, and safety control cables for the automobile industry, with significant sales within India.The key performance indicators for ASK Automotive Limited in the quarter ended June 30, 2026 (Unaudited) are detailed as follows:
| Particulars | Q Ended June 30, 2026 | Q Ended March 2026 | Q Ended June 2025 | Year Ended March 2026 |
|---|---|---|---|---|
| Revenue from operations | 986.55 crore | 891.36 crore | 726.76 crore | 3,304.88 crore |
| Total income | 998.99 crore | 905.48 crore | 736.68 crore | 3,353.00 crore |
| Total expenses | 915.78 crore | 823.42 crore | 663.55 crore | 3,043.56 crore |
| Profit after tax | 61.46 crore | 61.10 crore | 54.40 crore | 229.60 crore |
Consolidated Financial Performance Highlights
The consolidated results encompass the Holding Company and its subsidiary, ASK Automobiles Private Limited, along with several joint ventures, including ASK Fras-Le Friction Private Limited, AISIN ASK India Private Limited, and ASK GTD Control Cables Private Limited.Key data points for the group in the quarter ended June 30, 2026 (Unaudited) are presented below:
| Particulars | Q Ended June 30, 2026 | Q Ended March 2026 | Q Ended June 2025 | Year Ended March 2026 |
|---|---|---|---|---|
| Revenue from operations | 1,358.11 crore | 1,147.12 crore | 891.29 crore | 4,176.32 crore |
| Total income | 1,361.14 crore | 1,153.97 crore | 894.96 crore | 4,196.35 crore |
| Total expenses | 1,246.59 crore | 1,058.36 crore | 808.38 crore | 3,807.74 crore |
| Profit after tax | 85.12 crore | 71.54 crore | 66.07 crore | 297.32 crore |
ASKAUTOLTD Stock Price Movement
Today, shares of ASK Automotive Limited settled down by 3.45% to close at ₹551.30. The stock traded with a total volume of 271,933 shares throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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