Automotive Stampings Profit Skyrockets 169%

Automotive Stampings & Assemblies has announced a remarkable surge in its financial performance for the quarter concluding March 2026. The company's net profit witnessed a substantial increase of 168.83%, climbing to Rs 13.28 crore from Rs 4.94 crore in the corresponding period of the previous year.

This profit growth was complemented by a strong rise in sales, which escalated by 35.88% to Rs 255.55 crore during the March 2026 quarter. This marks a significant improvement over the Rs 188.07 crore reported in the prior year's quarter.

Reviewing the full fiscal year ending March 2026, Automotive Stampings & Assemblies sustained its upward trajectory. Net profit for the year grew by 64.96% to Rs 27.68 crore, compared to Rs 16.78 crore in the fiscal year ending March 2025. Annual sales also saw a healthy increase of 14.86%, reaching Rs 890.52 crore from Rs 775.28 crore.

The company's operational profit margin (OPM) saw a slight fluctuation, standing at 7.12% for the March 2026 quarter compared to 7.01% in the previous year, with a marginal decrease of 6.57% for the full year OPM, recorded at 6.24% in March 2026. Profit Before Depreciation, Interest, and Taxes (PBDT) increased by 56% for the quarter and 26% for the full year.