Automotive Stampings & Assemblies Limited delivered robust financial performance in Q3FY26, with net profit surging 109% year-on-year to ₹746.75 lakhs. The Tata group company's strong operational performance was driven by significant revenue growth and improved operational efficiency during the quarter ended December 31, 2025.

Financial Performance Highlights

The company's financial results demonstrated strong momentum across key metrics:

Revenue from operations increased by 26.23% to ₹25,012.76 lakhs compared to ₹19,815.64 lakhs in Q3FY25. Total expenses rose to ₹24,165.74 lakhs from ₹19,552.68 lakhs, reflecting higher business volumes and operational activities.

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained its growth trajectory:

Exceptional Items and Labour Code Impact

The company reported an exceptional item of ₹108.14 lakhs in Q3FY26 related to the implementation of New Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws and resulted in incremental Employee Benefit Obligations. The company assessed this impact as material, regulatory-driven, and non-recurring in nature.

Board Decisions and Leadership Changes

The Board of Directors approved the re-appointment of Mr. Prakash Gurav (DIN: 02004317) as Non-Executive Independent Director for a second consecutive term:

Mr. Gurav brings extensive experience in finance, accounting, taxation, and operational analysis, having served in senior positions at major automotive companies within the Tata ecosystem.

Financial Position and Outlook

The company's paid-up equity share capital remained stable at ₹1,586.44 lakhs with a face value of ₹10 per share. As of December 31, 2025, current liabilities exceeded current assets by ₹3,785.30 lakhs. However, management expects to meet liabilities through normal business operations, supported by available bank financing facilities and financial support from the holding company.

The automotive components manufacturer operates as a single reportable segment and has no subsidiary, associate, or joint venture companies as of December 31, 2025. The results were reviewed by the Audit Committee and approved by the Board of Directors on January 28, 2026.

Automotive stampings & assemblies Limited has announced that its Board of Directors will convene on January 28, 2026, to review and approve the company's unaudited financial results for the third quarter of FY26. The meeting will focus on the financial performance for the quarter and nine months ended December 31, 2025.

Regulatory Compliance and Meeting Details

The board meeting has been scheduled in accordance with Regulations 29 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both major stock exchanges about this scheduled meeting through official communications.

Trading Window Restrictions

As part of its insider trading prevention measures, Automotive Stampings and Assemblies Limited has implemented a trading window closure for designated persons. The restriction period began on December 24, 2025, following prior communication dated December 23, 2025, and will remain in effect until January 30, 2026.

These measures align with the company's Code of Conduct for Prevention of Insider Trading and comply with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The trading window closure affects all designated persons as defined under the company's internal code.

Corporate Communication

The official notification was signed by Suhas Dode, Chief Executive Officer of Automotive Stampings and Assemblies Limited, and communicated to both BSE Limited and National Stock Exchange of India Limited. The company trades under scrip code 520119 on BSE and ASAL on NSE.

The formal announcement ensures transparency and regulatory compliance as the company prepares to disclose its quarterly financial performance to stakeholders and the investment community.