ASK Automotive Limited has announced its financial performance for the quarter and financial year ended March 31, 2026. The company reported robust growth, with a recommended final dividend of INR 1.85 per equity share. The board also confirmed the appointment of new cost auditors and the re-appointment of key directors, while setting the 38th Annual General Meeting for August 7, 2026, to be conducted via virtual conferencing.
Annual Financial Performance
For the financial year ended March 31, 2026, ASK Automotive reported strong consolidated results. The company achieved an annual revenue from operations of INR 4,176.32 crore, reflecting a significant increase over the previous year’s INR 3,600.83 crore. The net profit after tax for the year stood at INR 297.32 crore, compared to INR 247.62 crore in the previous fiscal year, demonstrating consistent growth across its operations.
Dividend and Shareholder Information
The Board of Directors has recommended a final dividend of INR 1.85 per share (a 92.5% payout on the face value of INR 2) for the financial year 2025-26. The record date for determining shareholder entitlement has been fixed for Friday, July 31, 2026. If approved at the upcoming Annual General Meeting (AGM), the dividend is scheduled to be paid by September 5, 2026.
Leadership and Governance Updates
The company confirmed the re-appointment of Mrs. Vijay Rathee and Mr. Rajesh Kataria as directors, subject to shareholder approval. Additionally, M/s Kashyap Kumar & Associates has been appointed as the Cost Auditors for the fiscal year 2026-27. These appointments align with the company’s commitment to maintaining strong corporate governance standards.
Strategic Initiatives
During the fiscal year, ASK Automotive expanded its footprint by incorporating a new joint venture entity, ASK GTD Control Cables Private Limited, on September 15, 2025. This venture, established in collaboration with T.D. Holding GMBH, focuses on the manufacturing and marketing of advanced sunroof and helix control cables for passenger vehicles, further diversifying the company’s product portfolio in the automotive components sector.
Source: BSE
