'
ASK Automotive hosted a
conference call on Jan 30, 2025. In the conference call, the company was represented by Mr. Kuldip Singh
Rathee – Chairman and Managing Director, Mr. Prashant Rathee – Whole-Time
Director, and Naresh Kumar Sharma – Chief Financial Officer.
Key takeaways of the call
The company continues to surpass the 2W
industry vehicle production growth in both Q3 FY25 and 9M FY25. The company
expects the growth momentum in two-wheeler sector to continue going forward.
In Q3 FY25, the company sustained market
leadership position in the Advanced Braking Systems business with 14% YoY
growth. The Aluminium Light Weighting Precision Solutions revenue grew by 25%
YoY and Safety Control Cables by 10% on YoY basis. Exports fell 20% YoY.
During 9M FY25, The Advanced Braking
Systems business vertical revenue grew by 19% YoY, Aluminium Light ...
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