Top Searches
Advertisement

Fast Lane to Rewards: ASK Automotive’s Dividend and Record Earnings Leave Rivals in the Dust

Updated: May 13, 2025 17:40

Image Source: APKPack
ASK Automotive Ltd, a leading name in the auto ancillary sector, has revved up investor sentiment with the announcement of a ₹1.5 per share dividend alongside robust financial results for the March quarter of FY25. The company reported a consolidated revenue from operations of ₹8.5 billion and a consolidated profit after tax (PAT) of ₹576.1 million, underscoring its strong operational momentum and market leadership.
 
Key Highlights:
  • Dividend Declaration: The board has approved a dividend of ₹1.5 per share, rewarding shareholders for the company’s consistent profitability and robust cash flows.
  • Revenue Surge: ASK Automotive posted consolidated revenue from operations of ₹8.5 billion for the March quarter, reflecting continued demand for its advanced braking systems and precision solutions.
  • Profit Boost: The company reported a consolidated PAT of ₹576.1 million, driven by strong performance across all product segments and operational efficiencies.
  • Sustained Growth: ASK Automotive delivered a 38% year-on-year revenue growth in Q4 FY24, with all three business segments-advanced braking systems, aluminum lightweighting, and safety control cables-contributing to the uptrend.
  • Market Leadership: The company maintained its top position in the two-wheeler braking systems market, with significant gains in both domestic and export revenues.
  • Shareholder Value: The dividend payout and impressive financials highlight ASK Automotive’s commitment to delivering value and maintaining investor confidence.
With a dynamic product portfolio and a focus on innovation, ASK Automotive continues to accelerate on the growth track, promising more milestones ahead.
 
Sources: Business Standard, ASK Automotive Press Release, BlinkX

Advertisement

STORIES YOU MAY LIKE

Image Source : Tmes of India
BMW Motorrad Expands Bengaluru Presence with Second JSP Motorrad Dealership
Image Source: Upstox
Aurionpro Solutions Posts Rs 503.3 Million Net Profit on Rs 3.27 Billion Revenue in March Quarter
Image Source: BW Business World
ITC Exits Delectable Technologies: Strategic Shift Marks New Chapter
Advertisement
Image Source: LinkedIn
Torrent Pharma Unveils Ambitious ₹5,000 Crore Fundraising Plan Amid Robust Growth
Image Source: Mint
Max Financial Services Q4 Profit Jumps to ₹313 Million, Revenue Soars to ₹123.76 Billion
Image Source: EquityBulls
Sweet Surge: Dalmia Bharat Sugar Delivers Robust Q4, Announces ₹1.5 Dividend Payout
Image Source: Equitybulls
VST Tillers Tractors Delivers Robust Growth, Announces ₹20 Dividend Amid Strong Q4 Performance
Advertisement
Live Blogs
IPL on the Brink: BCCI Calls Back Foreign Stars as Cricket’s Biggest Showdown Nears Spectacular Return
Middle Menace: CSK’s Middle Order Steals the Spotlight
All Eyes on the New Reign: BCCI to Crown Test Duo, Kohli Exit Still Cloaked
No Toss Yet on IPL 2025: Rajeev Shukla Keeps Fans Guessing
Top Stories
Image Source : YouTube
Braids, Batteries, and Bold Ideas Shine at Harvard’s Innovation Challenge
Image Source : Indiatimes
Trump Residences Gurgaon Sets Record with Rs 3,250 Crore Sell-Out on Launch Day
Image Source: Hindustan Times
Hyderabad Airport Gets a Credit Boost as Moody’s Upgrades Rating
Image Source: Autoevolution
Plugged In, But Not All-In: How Renault and Geely’s Hybrid Powerplay Could Outpace Pure EVs
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine