Interim report
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A August 04 , 2026 BSE Limited ASK AUTOMOTIVE LIMITED ( Formerly known as ASK Automotive Private Limited ) Phiroze Jeejeebhoy Towers , Dalal Street , Mumbai - 400 001 Scrip Code : 544022 ISIN No .: INE491J01022 Re .: ASK Automotive Limited National Stock Exchange of India Limited Exchange Plaza , C - 1 , Block - G , Bandra Kurla Complex , Bandra ( East ) , Mumbai - 400 051 Symbol : ASKAUTOLTD ISIN No .: INE491J01022 Re .: ASK Automotive Limited Sub : Outcome of Board Meeting of ASK Automotive Limited ( “ Company ” ) held on August 04 , 2026 Dear Sir / Madam , This is to inform you that the Board of Directors of the Company at its meeting held on August 04 , 2026 ( which commenced at 03:15 P.M. and concluded at 05:30 P.M. ) has , inter - alia transacted the following businesses : approved both Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended June 30 , 2026 ( " Results " ) along with Limited Review Report of the Statutory Auditors . A copy of the said Results along with Limited Review Report of the Statutory Auditors is enclosed herewith for your information and records . approved appointment of M / s Ernst & Young LLP , as an Internal Auditors of the Company for the Financial Year 2026-27 . Further , the details required under Regulation 30 read with Schedule III Part A of the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 and SEBI Master Circular No. HO / 49 / 14 / 14 ( 7 ) 2025 - CFD - POD2 / 1 / 3762 / 2026 dated January 30 , 2026 , is enclosed herewith as ANNEXURE - A . Thanking You . For ASK Automotive Limited Rajani Sharma Company Secretary & Compliance Officer Membership No .: ACS 14391 Corporate Office : - Plot No. 13-14 , Sector - 5 , I.M.T. Manesar , Distt . Gurgaon . PIN - 122050 ( Hr . ) Ph : 0124 4396900 e - mail : info@askbrake.com roc@askbrake.com Website : www.askbrake.com IATF 16949 : 2016 ISO 9001 : 2015 Registered Office : ISO 14001 : 2015 ISO 45001 : 2018 Flat No. 104 , 929/1 , Naiwala , Faiz Road , Karol Bagh , New Delhi - 110 005 Tel : 011-28758433 , 28759605 011-28752694 , 43071516 CIN : L34300DL1988PLC030342
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ANNEXURE-A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sr. No. Details of Information that is required to be provided Details of M/s Ernst & Young LLP (Internal Auditors) 1. reason for change viz. appointment, reappointment, resignation, removal, death or otherwise The Board of Directors, on recommendation of the Audit Committee, approved the appointment of Ernst & Young LLP as an Internal Auditors of the Company for the Financial Year 2026- 27. 2. date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment August 04, 2026 Term of Appointment – For Financial Year 2026-27. 3. brief profile (in case of appointment) Ernst & Young LLP (EY India) is one of India’s leading professional services firms and a member of the global EY network, providing Assurance, Consulting, Strategy and Transactions, and Tax services. With a strong presence across major Indian cities, EY helps organizations drive growth, manage risk, embrace digital transformation, and create long-term value.
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Walker Chandiok &.Co LLP Walker Chandiok & Co LLP 21st Floor, DLF Squar e Jocoronda Marg, DLF Phase II, Gurugrom - 122 00 2 Horyono , Indio T +91124 462 8099 F +911211 462 8001 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of ASK Automotive Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of ASK Automotive Limited ('the Company') for the quarter ended 30 June 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations') 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(1 0) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 0 11,: ll~ In B,.,n9~huu. Chand e,urh. Ch rv.i1, O,h,oilu"'.G ,~lfflffl-.i : o:<1,l! Jcrbo,, n :-,, 0_~1i U~d:1 tJ ndP ... nv ii: rs • to n * -,:. "" D •Noli '1' C ,u1uJlol: & CL• lt.P I~ , i;i~1~turcJ w:th fo, h:J l,•JL f;!~ ,~ilJ, ;Ju1,l1! ,v_,L..,"1 l '\.H l'l.'\. r A.AC-:JotH, ( IH•J l,t.1tlti ''-'!i t.h;t,.U <·'fl!".Q(l t l•1JI, c .,nna~ ; ln C':r'..-:u~, O u1er Ckdt!. NrM 0,-.fh'. HOOt)I. fnd'o
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Walker Chandiok &..Co LLP Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) 4. Based on our review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 ~~~ ______..----6anish Ahmed Partner Membership No.: 522144 UDIN: 26522144YKFQJS4021 Place: Gurugram Date: 04 August 2026 Chartered Accoun1an1s
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S. No. I ll III IV V VI VII VIII IX X XI XII XIII XIV ASK Automotive Limited CIN: L34300DL1988PLC030342 Registered Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Karol Bagh, New Delhi-I 10005 Phone: 011-28758433; e-mail: info@askbrnke.com; website: www.nskbrake.com Statement of Standalone llnauditcd Financial Results fo1· the quat'ter ended 30 ,June 2026 (All amoun/s are in !NR crore exceot olhern·ise slated) Qual'tcr ended Yea!' ended Particulat's 30 ,June 2026 31 March 2026 30 Jnnc 2025 31 March 2026 (llnaudited) (llnaudited) (lln:1udited) (Audited) (refer note 4) Revenue from operations 986.55 891.36 726.76 3,304.88 Other income 12.44 14.12 9.92 48.12 Total income (l+11) 998.99 905.48 736.68 3,353.00 Expenses Cost of material consumed 781.34 628.71 520.92 2,315.34 Changes in inventories of finished goods and work-in-progress (67.47) 8.54 (35.36) (17.98) Employee benefits expense 46.65 42.05 44.08 174.92 Finance costs 5.75 4.24 2.39 13.85 Depreciation and amortisation expense 14.67 14.51 14.93 58.85 Other expenses 135.02 126.38 116.85 500.53 Dies for own use (0.18) (1.01) (0.26) ( 1.95) Total expenses 915.78 823.42 663.55 3,043.56 Profit before exceptional items and tax (Ill-IV) 83.21 82.06 73.13 309.44 Exceptional items - - - - Pl'ofit befot'e tnx (V+ VI) 83.21 82.06 73.13 309-44 Tax expense Current tax Current period/ year 21.58 20.06 18.12 77.78 Deferrc·d tax 0.17 0.90 0.61 2.06 Total tax exnense 21.75 20.96 18.73 79.84 Pl'ofit after tax (VII-VIII) 61.46 61.10 54.40 229.60 Other comprehensive income: (i) Jtems that will not be reclassified to profit or loss in subsequent periods/year: - Acluarial gain/(loss) on remeasurement of defined benefit obligations (1.52) 0.79 (1.37) 0.41 • Income tax relating to items that will not be reclassified to profit or loss in 0.38 subsequent periods/year (0.20) 0.34 (0.10) Total other comprehensive income, net of tax (1.14) 0.59 (1.03) 0.31 Total comprehensive income (IX+X) 60.32 61.69 53.37 229.91 Paid up equity share capital (Face value of INR 2·each) 39.43 39.43 39.43 39.43 Other equity 1,2 18.24 Eamings per equity share (INR) (not annualised): Basic 3.12 3.10 2.76 11.65 Diluted 3.12 3.10 2.76 11.65 Sec accompanying notes to the Standalone Unaudited Financial Results. (This space has been intentionally left blank)
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ASK Automotive Limited CIN; L34300DL1988PLC0303..f2 Registered Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Karol Bagh, New Delhi-110005 Phone: 011-28758433 ; e-mail : info@askbrake.com ; website: www.askbrake.com Notes to the Standalone llnauditecl Financial Results for the quarter ended 30 .June 2026 l. These Standalone Unaudited Financial Results of ASK Automotive Limited (·the Company ' ) for the quarter ended 30 June 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 04 August 2026. These results have been subjected to limited review by the statutory auditors who have expressed an unmodified conclusion. 2. These Standalone Unaudited Financial Results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards 34, Interim Financial Reporting ('Ind AS - 34'), prescribed under Section 133 of the Companies Act, 20 I 3 (the Act) and other accounting principles generally accepted in lndia and are in compliance \1/ith the presentation and disclosure requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 (as amended). 3. The Company is primarily engaged in the manufacturing of auto components including advanced braking systems, aluminium lightweighting precision solutions and sarety control cables primarily for automobile industry and substantial sale of the products is within India. Hence, there are no other reportable segments in terms of requirements of Incl AS I 08 "Operating Segments". 4. The figures for the quarter ended 3 I March 2026 arc the balancing figures betv,een the audited figures for the year ended 3 I March 2026 and unaudited published figures for the nine months period ended 31 December 2025. 5. The figures of the previous year/periods have been regrouped/recasted, wherever necessary. to make them comparable with the figures or the current period. Place: Gurugram Date: 04 August 2026 ~cl, ~ ...., il ,;. .. "' (") : For and on behalf of the Board of Directors of ASK Automotive Limited Kuldip Singh Rathcc Chairman and Managing Director DIN: 00041032
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Walker Chandiok &.Co LLP Walker Chandiok 6 Co LLP 21st Floor, DLF Squar e ,Jacaranda Marg, DLF Phase 11, Gurugram • 122 002 Horuano, Indi o T +9112l1 462 8099 F +9112't 462 8001 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of ASK Automotive Limited 1. We have reviewed the accompanying statement of consolidated unaudited financial results ('the Statement') of ASK Automotive Limited ('the Holding Company') and its subsidiary (the Holding Company and its subsidiary together referred to as 'the Group'), and its joint ventures (refer Annexure 1 for the list of subsidiary and joint ventures included in the Statement} for the quarter ended 30 June 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accord,;mce with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures . A review is substantially less in scope than an audit conducted in accordance with the Standards on Auc;liting specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. Char ta,od Accoun1on\$ OH1cc<J1n Bcngcluru,Chond19orh.Ch onna1. 0 oh,ad1m (h,ru ~s--- Mumba i No.\ D-olht, Uo!d:H'lndPu nc Wolk~r-Chondio:O: & Co LLP i.c t1.?9ii,tl!rctJ with llmih:!t! llobllltu with ldc,ntif,cotl~n 11umbor .'IAC·202S 011d lio,~ iu rcg!~tcrud offi::o ot l•¼I, Connaught Circ.u$, Outur Circleo. New DJ!hi. IIOOOl. lnJio
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) 4. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial results of one subsidiary included in the Statement, whose financial information reflect total revenues of~ 492.13 crores, total net profit after tax of ~ 26.23 crores and total comprehensive income ~ 26.22 crores, for the quarter ended on 30 June 2026, as considered in the Statement. The Statement also includes the Group's share of net loss after tax of~ 1.67 crores and total comprehensive loss ~ 1.68 crores, for the quarter ended on 30 June 2026, as considered in the Statement, in respect of one joint venture, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other auditors whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiary and joint venture is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the reports of the other auditors. 6. The Statement includes the Group's share of net loss after tax of ~ 0.34 crore, and total comprehensive loss of~ 0.34 crore for the quarter ended on 30 June 2026, in respect of one joint venture, based on its interim financial information, which have not been reviewed by their auditors, and have been furnished to us by the Holding Company's management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this joint venture, is based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, this interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 _/4~~ Partner Membership No. 522144 UDIN: 26522144DZAWQJ4713 Place: Gurugram Date 04 August 2026 Chartered Acrountants
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) Annexure 1 List of entities included in the Statement Holding Company ASK Automotive Limited . Subsidiary ASK Automobiles Private Limited Joint Ventures 1. ASK Fras-Le Friction Private Limited 2. AISIN ASK India Private Limited 3. ASK GTD Control Cables Private Limited Charle<eo Ac00U1tants
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S. No. I II m IV V VI VII vm IX X XI XII xm XIV xv ASK Automotive Limited CIN: L34J00DL1988PLC0J0342 Registered Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Karol Bagh, New Delhi-110005 Phone: 011-28758433; e-mail: info@askbrakc.com; website: www.askbrake.com Statement of Consolidated Unaudited Financial Rcsulls for the quarter ended 30 .June 2026 (All amounts are i11 INR Crore excevt othenvise stated) Quarter ended Year ended 30 June 2026 31 March 2026 JO .June 2025 31 March 2026 P:1rticul11rs (Unaudited) (Unaudited) (Unaudited) (Audited) (refer note 4) Revenue from operations 1,358.11 1,147.12 891.29 4, 176.32 Other income 3 03 6.85 3.67 20.03 Total income (l+TI) 1,361.14 1,153.97 894.96 4,196.35 Expenses Cost of material consumed 1,026.34 766.77 621.27 2,806.11 Changes in inventories of finished goods and work-in-progress (84.98) 20.65 (50.36) (41.23) Employee benefits expense 61.01 54.50 53.40 218.94 Finance costs 15.89 13.64 10.24 48.19 Depreciation and amortisation expense 33.14 30.85 26.45 114. 12 Other expenses 195.37 172.96 147.64 663.56 Dies for own use (0.18) (1.01) (0.26) (l.95) Tot:11 expenses 1,246.59 1,058.36 808.38 3,807.74 Profit before exception:11 items, share of net profit of joint ventures 114.55 95.61 86.58 388.61 accounted for using equity method and taxes (III-IV) Exceptional items - - - - Share or net profit of joim ventures accounted for using equity method (net (2.30) (0.81) 0.60 2.32 of taxes) Profit before tax (V+Vl+Vll) 112.25 94.80 87.18 390.93 Tax expense Current tax Current period/year 25.64 [9.67 18.12 77.78 Deterred tax 1.49 3.59 2.99 15.83 Total tax cxnense 27.13 23.26 21.11 93.61 Profit afte1· tax (VIII-IX) 85.12 71.54 66.07 297.32 Other comprehensive income: (i) ltcms that will not be reclassified to profit or loss in subsequent periods/year: - Actuarial (gain)/loss on remeasurement of defined benefit obligations ( 1.53) 0.72 (1.35) 0.38 - Income lax relating lo items that will not be reclassified to profit or loss in 0.39 subsequent periods/year (0.18) 0.34 (0.10) Share of other comprehensive income of joint ventures accounted for using (0.01) 0.01 (0.01) (0.03) equity method (net of taxes) Total other comprehensive income, net of tax (1.15) 0.55 (1.02) 0.25 Total comprehensive income (X+XI) 83.97 72.09 65.05 297.57 Paid up equity share capital (face value of INR 2 each) 39.43 39.43 39.43 39,43 Other equity 1.271.67 Earnings per equity share (INR) (not annualised): Basic 4.32 3.63 3.35 15.08 Diluted 4.32 3.63 3.35 15.08 See accompanying notes to the Consolidated Unaudited Financial Results.
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ASK Automotive Limited ClN: L34300DLI 988PLC030342 Registered Office: Flat No. I 04, 929/1, Naiwala, Faiz Road, Karol Bagh, New Delhi-I I 0005 Phone : 011-28758433 ; e-mail : info@askbrake.com ; website : www.askbrnke.com Notes to the Consolidated Unaudited Finnncinl Results for the quarter ended 30 .June 2026 I. These Consolidated Unaudited Financial Results of ASK Automotive Li111i1cd ('the Holding Company') and its subsidimy (the Holding Company and its subsidiary together referred to as 'the Group'), and i1s joint vcmurcs tbr the quancr ended 30 June 2026 have been reviewed by the Audit Committee and approved by the Board of Directors ofl-lolding Company at their respective meetings held on 04 August 2026. These results have been subjcc1ed to limilcd review by stalutory auditors who have expressed an unmodified conclusion. 2. These Consolidated Unaudilecl f'inancial Rcsulls have been prepared in accordance with the recognition -and measurement principles of Indian Accounting Standards 34, lnletim Financial Reporting ('Ind i\S - 34'), prescribed under Section 133 of the Companies Act. 2013 (the Acl) and other accounting principles generally accepted in India and arc in compliance with the prcsenlation and disclosure requirements of SE81 (Listing Obligations and Disclosure Requircmenls) Regulalions, 2015 (as amended). 3 The Group· is primarily engaged in the manufacturing of aulo components including advanced braking systems, aluminium light weigh ling precision solutions and safety control cables primarily for automobile induslly and substantial sale of the products is within India. Hence, there arc no other reportable segments in terms of requirements of Ind AS 108 "Operating Segments". 4 The figures for the quarter ended 31 March 2026 arc the balancing figures between the audited 11gures tor the year ended 31 March 2026 and unaudited published figures for the nine months period ended 31 December 2025. 5. The figurcs·ofthc previous year/periods have been regrouped/recasted. wherever necessary, to make them comparable with the figures of the current period. Place: Gurugram Dale: 04 August 2026 For and on behalf of the Board of Directors of ASK Automotive Limited Kulclip Singh Rathcc Chairmon and Managing Director DLN: 00041032