ASK Automotive Limited has reported robust financial performance for the fiscal year ended March 31, 2026. The company posted a standalone net profit of ₹229.60 crore, with consolidated net profit reaching ₹297.32 crore. Alongside the positive results, the Board of Directors has recommended a final dividend of ₹1.85 per equity share, subject to shareholder approval at the upcoming 38th Annual General Meeting scheduled for August 7, 2026.
Financial Highlights
For the fiscal year 2025-26, ASK Automotive delivered strong growth, with standalone revenue from operations reaching ₹3,304.88 crore. On a consolidated basis, the company reported annual revenue of ₹4,176.32 crore, reflecting continued demand for its auto components and advanced braking systems. The company maintained a solid profitability profile, with its annual standalone net profit growing to ₹229.60 crore and consolidated net profit rising to ₹297.32 crore.
Dividend and Shareholder Information
The Board has recommended a final dividend of ₹1.85 per equity share (a 92.5% payout on the face value of ₹2 per share). Shareholders are advised that July 31, 2026, has been fixed as the Record Date for determining dividend entitlement. If approved at the AGM, the dividend will be paid on or before September 5, 2026.
Operational Developments
The company continues to expand its footprint in the automotive sector. During the year, it incorporated a joint venture entity, ASK GTD Control Cables Private Limited, in collaboration with T.D. Holding GMBH. This venture focuses on the manufacturing and marketing of sunroof and helix control cables for passenger vehicles, further diversifying the company’s product portfolio.
Board and Corporate Governance
In addition to the financial approvals, the Board confirmed the re-appointment of Mrs. Vijay Rathee and Mr. Rajesh Kataria as directors. Furthermore, M/s Kashyap Kumar & Associates have been appointed as the Cost Auditors for the financial year 2026-27. The company’s 38th Annual General Meeting is slated to take place on August 7, 2026, and will be conducted via video conferencing.
Source: BSE
