Automotive Stampings & Assemblies Reports Q1 Decline in EBITDA, Profit, and Revenue
ASAL reported a decrease in Q1 financial performance. EBITDA fell to ₹108.00 crore from ₹123.00 crore year-over-year. EBITDA margin contracted to 6.21% from 6.40%. Net profit declined by 37.50% to ₹25.00 crore, while revenue decreased by 10.53% to ₹1,700.00 crore. The company's Board approved these unaudited results on July 24 for the quarter ended June 30.