ASK Automotive Q3 Profit Jumps 21% on Strong Sales, Revenue Up 18.5%

• ASK Automotive reported a 21.2% year-on-year increase in net profit for Q3, reaching ₹79.9 crore.
• Revenue for the quarter grew by 18.5% to ₹1,084 crore compared to the previous year.
• EBITDA rose 26.8% to ₹141 crore, with the operating margin improving to 13%.
• Total expenses increased to ₹984.18 crore, aligning with higher operating activity.
• The company's shares closed slightly down by 0.42% at ₹428.00 on the NSE.

Why It Matters: ASK Automotive saw significant profit and revenue growth in Q3 driven by stronger sales and improved margins.