ASK Automotive Limited (ASK), India's largest brake shoe and advanced braking systems manufacturer for two-wheelers, has reported strong quarterly results for the period ended September 30, 2025.

Financial Highlights

• Revenue growth of 16.6% excluding wheel assembly business
• Consolidated revenue grew 8.5% year-on-year to Rs. 1,059.00 crores
• Record quarterly EBITDA of Rs. 142.00 crores, up 19.5% year-on-year
• EBITDA margins improved to 13.4%
• Quarterly PAT reached a record Rs. 80.00 crores, representing 18.6% year-on-year growth

Half-Year Performance

• Revenue grew 14.0% excluding wheel assembly
• Consolidated revenue up 6.1% to Rs. 1,954.00 crores
• Advanced Braking Systems revenue grew 10%
• Aluminium Light Weighting Precision Solutions increased 22%
• Safety Control Cables rose 2% year-on-year

Strategic Developments

ASK Automotive has strategically reduced its wheel assembly operations by 53.6%. This move, along with better economies of scale and higher capacity utilization at Karoli and new Bangalore facilities, has contributed to improved margins.

Export Performance

Export revenue stood at Rs. 30.00 crores compared to Rs. 41.00 crores in the same period last year.

Company Profile

ASK Automotive is primarily engaged in manufacturing auto components including:

• Advanced braking systems
• Aluminium lightweighting precision solutions
• Safety control cables

These components cater to the automobile industry, positioning ASK as a significant player in the auto component manufacturing sector, particularly in the two-wheeler segment.

Note: This article is based on the latest financial results of ASK Automotive Limited as reported in their regulatory filings.

ASK Automotive announced a significant change in its leadership team as Mr. Prashant Kumar Gupta, the company's President & Chief Marketing Officer, has tendered his resignation. The departure, effective from the closing business hours of September 09, 2025, was communicated to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in compliance with regulatory requirements.

Resignation Details

Mr. Gupta's decision to leave the company was conveyed through a resignation letter dated August 27, 2025. In his communication, he cited personal reasons for his departure, bringing an end to his tenure at ASK Automotive.

Corporate Disclosure

In adherence to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ASK Automotive promptly informed the stock exchanges about this development. The company's VP (Legal), Company Secretary & Compliance Officer, Rajani Sharma, filed the official intimation, which included the following key points:

• Mr. Prashant Kumar Gupta's last working day will be September 09, 2025.
• The resignation is due to personal reasons, as stated in Mr. Gupta's letter.
• No information was provided regarding a successor or interim arrangement for the position.

Impact on ASK Automotive

The departure of a high-ranking executive like the President & Chief Marketing Officer can potentially impact a company's strategic direction and operations. As Mr. Gupta held a crucial role overseeing marketing strategies and initiatives, ASK Automotive may face challenges in maintaining continuity in its marketing efforts during this transition period.

Looking Ahead

While the company has not yet announced a replacement for Mr. Gupta, investors and industry observers will be keenly watching how ASK Automotive manages this leadership change. The automotive sector remains highly competitive, and the company's ability to swiftly adapt to this transition will be crucial for maintaining its market position.

ASK Automotive, a key player in the automotive components industry, will likely be focusing on ensuring a smooth transition of responsibilities as it moves forward without Mr. Gupta at the marketing helm. Shareholders and stakeholders will be anticipating further announcements regarding potential successors or any restructuring of the marketing department in the wake of this resignation.