Automotive Stampings & Assemblies Limited (ASAL), a key player in the automotive components sector, has announced its unaudited financial results for the quarter and half year ended September 30, 2025, showcasing growth in revenue and maintaining profitability.

Financial Highlights

ASAL's Q2 FY2025-26 performance demonstrates improvements in revenue and consistent profitability:

Revenue Growth

The company reported revenue from operations of ₹462.27 crore for the quarter, compared to ₹390.70 crore in the same quarter last year, representing a significant year-over-year increase of 18.32%. This growth reflects ASAL's strong market position and potentially increased demand for its automotive components.

Profitability

ASAL's net profit for the quarter remained stable at ₹8.28 crore, matching the figure from the same period last year. While there was no year-over-year growth in net profit, maintaining profitability amid revenue growth suggests the company is managing its costs effectively.

Half-Year Performance

For the half year ended September 30, 2025, ASAL reported:

• Revenue: ₹877.83 crore (compared to ₹761.49 crore in the corresponding period last year)
• Net Profit: ₹16.78 crore

These figures indicate a positive trend in the company's overall performance for the first half of the fiscal year.

Business Segment and Financial Position

ASAL operates in automobile components manufacturing as a single business segment. As of September 30, 2025, the company's total current liabilities exceeded total current assets by ₹48.82 crore, which may require attention to working capital management.

Board Approval

The Board of Directors approved these financial results at their meeting held on October 30, 2025.

Looking Ahead

While the Q2 results show strong revenue growth, the company's ability to translate this growth into increased profits will be crucial for long-term success. The automotive component industry remains competitive, and ASAL's performance in the coming quarters will be of interest to investors and stakeholders.

Automotive Stampings & Assemblies Limited continues to demonstrate its resilience and growth potential in the dynamic automotive sector. The company's Q2 FY2025-26 results reflect positive momentum in terms of revenue, while maintaining stable profitability.

Automotive Stampings & Assemblies has announced a significant change in its key personnel. Mr. Saurabh Surendra Erande, who served as the Company Secretary and Compliance Officer, has tendered his resignation from the company.

Resignation Details

Mr. Erande, holding membership number A25908, has decided to step down from his position to pursue new career opportunities outside the organization. The company's board has accepted his resignation, which was submitted on August 13, 2025.

Effective Date

According to the company's statement, Mr. Erande will be relieved from his duties and responsibilities effective September 19, 2025, after the close of business hours. This transition period allows for a smooth handover of responsibilities.

Reasons for Departure

The company explicitly stated that there are no material reasons for the resignation beyond Mr. Erande's personal decision to explore new professional avenues.

Impact on Company Operations

Automotive Stampings and Assemblies Limited has not provided any immediate information regarding a successor or interim arrangements for the role of Company Secretary and Compliance Officer.

About the Company

Automotive Stampings and Assemblies Limited is a player in the automotive components industry. The company specializes in manufacturing sheet metal components, assemblies, and sub-assemblies for the automotive sector.