Auto Parts & Equipment company ASK Automotive announced Q3FY25 results Delivered robust performance with Consolidated Total Income of Rs 919 crore, up +21% YoY. Delivered EBITDA of Rs 115 crore, recording +41% YoY growth. Achieved EBITDA margins of 12.5%, an improvement of +180bps on YoY basis. Improvement in margins is mainly driven by better economies of scale due to higher volumes, benefit from increasing capacity utilisation at new Karoli manufacturing facility and focus on cost optimization initiatives. Achieved PAT of Rs 66 crore with +32% YoY growth. EPS increased to Rs 3.3 against Rs 2.5 in last year in same period; up +32% YoY. Kuldip Singh Rathee, Chairman and Managing Director said: “I am delighted to share with you that we had a strong finish to the third quarter and nine months of the year in both revenue and profitability. This is the fifth consecutive quarter of robust performance by us since listing of the Company last year During Q3FY25, we delivered strong performance in business and recorded significant growth of +21% in revenue, +41% in EBITDA and +32% in PAT on year-on-year basis. Also, we continue to outperform the 2W industry vehicle production growth in both Q3FY25 and 9MFY25. Further, I am glad that our EBITDA margins have increased to the level of 12.5% in Q3FY25, which is 180 bps higher than Q3 FY24. As a result, in nine months of FY25, our revenue has grown by 24%, EBITDA by 50% and PAT by 51% on YoY basis. We have delivered EBITDA margins of 12.2%, an improvement of 205 bps on YoY basis. This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies. Our aim is to sustain this level of EBITDA margins and improve gradually in the subsequent quarters depending upon the growth of the 2W Industry. With strong performance on profitability, our Earning per share (EPS) in 9MFY25 has increased to Rs 9.6 per share against Rs 6.4 per share in last year same period. Our mega manufacturing facility at Karoli is ramping up fast. The increased economies of scale & operational efficiencies are benefitting us in delivering better performance. Started commercial production at 18th manufacturing facility of the Group at Karnataka on 14th January 2025. Solar Power Plant of 9.9MWp in Sirsa, Haryana dedicated for captive consumption, started trial production on 27 January 2025. CRISIL has upgraded our long-term credit rating from AA- to AA, reflecting our strengthened financial position. As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent quarter of FY25. We anticipate the growth momentum in two-wheeler sector to continue for the remaining part of the year. We are committed to keep contributing towards the value creation for our Stakeholders and Investors” Result PDF