'
ASK Automotive hosted a
conference call on Oct 31, 2025. In the conference call, the company was
represented by Mr. Kuldip Singh Rathee – Chairman and Managing Director, Mr.
Prashant Rathee – Joint Managing Director, and Naresh Kumar Sharma – Chief
Financial Officer.
Key takeaways of the call
Despite being effective for only the last 8 days of the
month, the revised GST rates led to record-breaking auto sales in September
2025.
The reduction in GST rates is expected to help the company
gain additional market share from unorganized players.
The company anticipates continued growth momentum,
supported by GST reforms, income tax relief, and two successive rate cuts by
the RBI. A good monsoon is also expected to further benefit the two-wheeler
sector.
Management stated that the rare earth magnet issue is
ongoing.
In Q2 ...
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