ASK Automotive, a leading manufacturer of brake shoes and advanced braking systems for two-wheelers, reported a consolidated net profit of Rs 67 crore for Q2 of FY25, marking a 63% increase from Rs 41 crore in the same quarter last year.
Total income for the July-September period grew by 22.2%, reaching Rs 976 crore compared to Rs 798 crore in Q2 of FY24. EBITDA rose significantly by 50.3% to Rs 119 crore, up from Rs 79 crore in the previous fiscal period.
“We achieved strong results in both revenue and profitability this quarter, marking our fourth consecutive period of robust performance since our listing,” said Kuldeep Singh Rathee, Chairman and Managing Director of ASK Automotive. “This quarter’s revenue and EBITDA are the highest we’ve recorded.”
Rathee attributed this performance to the company’s focus on expanding value-added services, improving production efficiency, and optimizing costs. He noted the significant impact of the mega manufacturing facility in Karoli, which is ramping up production, and said they are seeing positive EBITDA margins from this plant. Additionally, construction on the new Bengaluru facility remains on track.
Looking ahead, Rathee expressed optimism about maintaining this growth trajectory, anticipating strong two-wheeler sector performance driven by positive market conditions and the upcoming festive season. ASK Automotive is a prominent player in India’s auto components industry, specializing in brake shoes and advanced braking systems primarily for two-wheelers.
Established as a market leader, ASK Automotive has built a strong reputation for its high-quality, reliable products that meet the stringent requirements of original equipment manufacturers (OEMs). With a network of manufacturing facilities across India, the company focuses on innovation, operational efficiency, and expanding capacity to support the country’s growing two-wheeler market.
Recently, ASK Automotive has made significant strides in revenue and profitability, achieving record quarterly results fueled by enhanced economies of scale, value-added services, and increased operational efficiencies. Its state-of-the-art facility in Karoli is ramping up production, while another plant under construction in Bengaluru promises to further bolster output. The company’s strategic investments and consistent performance underscore its commitment to staying at the forefront of the two-wheeler component sector, catering to the evolving needs of both domestic and international clients.
