ASK Automotive Achieves Record Profit Growth in Q2 FY25

ASK Automotive, India's leading two-wheeler brake system manufacturer, reported a 63% increase in net profit to Rs 67 crore for Q2 FY25. This results from improved cost efficiencies, value-added business expansion, and the growth of the two-wheeler industry, bolstered by effective use of production capacities.

ASK Automotive, renowned for its advanced braking systems, announced a remarkable 63% surge in consolidated net profit, reaching Rs 67 crore in the second quarter of FY25, compared to Rs 41 crore the previous year.

During this period, the company's total income also increased by 22.2%, climbing to Rs 976 crore, as reported. The EBITDA observed a significant growth of 50.3%, further solidifying its industry-leading status.

Chairman and Managing Director, Kuldeep Singh Rathee, highlighted the company's continued strategic focus on expanding their value-added businesses. He attributed the robust performance to enhanced production efficiency and positive market dynamics, noting promising advances at their manufacturing sites in Karoli and Bengaluru.

(With inputs from agencies.)