ASK Automotive Limited approves Q2 FY27 unaudited financial results

ASK Automotive Limited has announced the approval of its Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board of Directors, during a meeting held on November 3, 2026, also approved the Limited Review Report from the statutory auditors. The results reflect the company’s financial performance for the specified periods.

ASK Automotive Board Approves Financial Results

ASK Automotive Limited’s Board of Directors convened on November 3, 2026, to review and approve the company’s unaudited financial results for the quarter and the six-month period ending September 30, 2026. These results encompass both standalone financial statements and have been subjected to a limited review by the company’s statutory auditors.

Key Financial Highlights

The approved standalone financial results indicate the company’s performance during the second quarter and the first half of the fiscal year 2026-27. The Board’s approval signifies that the financial statements, prepared in accordance with Indian Accounting Standard 34 (Ind AS 34), are ready for dissemination. The limited review report from the auditors provides an independent assurance on these results.

Standalone Financial Performance (Quarter Ended September 30, 2026)

Revenue and Profitability

For the quarter ended September 30, 2026, ASK Automotive reported total income of ₹1,096.83 crore. Total expenses for the quarter amounted to ₹1,012.16 crore, leading to a profit before tax of ₹84.67 crore. After accounting for tax expenses of ₹21.60 crore, the company posted a profit after tax of ₹63.07 crore. Total comprehensive income for the quarter stood at ₹64.27 crore.

Earnings Per Share

The basic and diluted earnings per share (EPS) for the quarter were ₹3.20.

Standalone Financial Performance (Six Months Ended September 30, 2026)

Revenue and Profitability

For the six-month period ended September 30, 2026, the company recorded total income of ₹2,095.82 crore. Total expenses aggregated to ₹1,927.94 crore, resulting in a profit before tax of ₹167.88 crore. The tax expense for the period was ₹43.35 crore, yielding a profit after tax of ₹124.53 crore. The total comprehensive income for the six-month period was ₹124.59 crore.

Earnings Per Share

The basic and diluted earnings per share (EPS) for the six-month period were ₹6.32.

Consolidated Financial Performance

In addition to standalone results, the Board also approved the unaudited consolidated financial results. For the quarter ended September 30, 2026, consolidated total income was ₹1,561.23 crore, with a profit after tax of ₹101.56 crore. Total comprehensive income stood at ₹102.83 crore. For the six-month period ended September 30, 2026, consolidated total income was ₹2,922.37 crore, profit after tax was ₹186.68 crore, and total comprehensive income was ₹186.80 crore.

Auditor’s Review

Walker Chandiok & Co LLP, the statutory auditors, have performed a limited review of these financial results and have expressed an unmodified conclusion, confirming compliance with Indian Accounting Standards and regulatory requirements.

Source: BSE

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