ASK Automotive achieves record performance in Q2 FY26

ASK Automotive Limited announced its highest-ever absolute revenue, EBITDA, and PAT for Q2 FY26. Consolidated revenue grew by 8.5% year-on-year to INR 1059 Cr, while EBITDA increased by 19.5% and PAT by 18.6% compared to Q2 FY25. The company also reported an EBITDA margin of 13.4%, a 124 bps improvement from Q2 FY25, and an EPS of INR 4.05.

For the first half of FY26, consolidated revenue reached INR 1954 Cr, marking a 6.1% year-on-year growth. EBITDA for H1 FY26 rose by 19.4%, and PAT increased by 17.5%. The EBITDA margin for H1 FY26 improved by 151 bps to 13.6%, and EPS for the period was INR 7.40, up from INR 6.30 in the same period last year.

The company attributes its strong performance to better economies of scale, increased capacity utilization at its Karoli and new Bangalore facilities, and a strategic reduction of 53.6% in the low-value-added Wheel Assembly business. Revenue from Advanced Braking Systems grew by 10%, Aluminium Light Weighting Precision Solutions by 22%, and Safety Control Cables by 2% on a year-on-year basis.