Ask Automotive ends higher after Q1 PAT climbs 29% YoY to Rs 85 cr
Mumbai, Aug. 5 -- Revenue from operations increased 52.38% YoY to Rs 1,358.11 crore, supported by healthy demand across its advanced braking systems, aluminium light weighting precision solutions and safety control cables businesses.
EBITDA rose 32.7% YoY to Rs 164 crore from Rs 123 crore in Q1 FY26. However, EBITDA margin contracted by 176 basis points to 12% from 13.8% a year ago, primarily due to a sharp increase in alloy prices.
Among the business segments, advanced braking systems revenue grew 48% YoY, while aluminium light weighting precision solutions posted a 75% increase. Revenue from the safety control cables business rose 20%, and export revenue improved to Rs 39 crore from Rs 33 crore in the year-ago period.
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