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29-Jan-2025

ASK Automotive

NP surged 31.94%


'On consolidated basis

Quarter ended December 2024 compared with Quarter ended December 2023.

Net sales (including other operating income) of ASK Automotive has increased 20.15% to Rs 915.1 crore.  Operating profit margin has jumped from 10.52% to 12.10%, leading to 38.17% rise in operating profit to Rs 110.69 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 66.89% to 67.81%.   Employee cost decreased from 5.84% to 5.17%.   Other expenses fell from 16.61% to 15.04%.   Preoperation capitalised expenses fell from 0.15% to 0.06%.   

Other income rose 184.25% to Rs 4.15 crore.  PBIDT rose 40.79% to Rs 114.84 crore.  Provision for interest fell 10.70% to Rs 7.51 crore.  

PBDT rose 46.71% to Rs 107.33 crore.  Provision for depreciation rose 24.75% to Rs 22.58 crore.  

Profit before tax grew 53.92% to Rs 84.75 crore.  Share of profit/loss was 88.93% lower at Rs 1.16 crore.  Provision for tax was expense of R...



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