Ask Automotive net profit rises 16.3% in Q1 FY26
The EBITDA margin improved by 183 basis points to 13.8 per cent, driven by better economies of scale, ramp-up of the new Bengaluru facility, and operational efficiencies at the Karoli mega plant.

The EBITDA margin improved by 183 basis points to 13.8 per cent, driven by better economies of scale, ramp-up of the new Bengaluru facility, and operational efficiencies at the Karoli mega plant.
Sona BLW Precision Forgings (Sona Comstar) has issued a cease-and-desist notice to Rani Kapur, Sunjay Kapur's mother, for allegedly spreading defamatory information. The company denies her allegations of mismanagement and coercion, asserting they are false and unwarranted. Rani Kapur is considering legal action, potentially moving to the National Company Law Tribunal.
The company's net profit stood at ₹143 crore compared to ₹149 crore in the same period last year, reflecting a drop of 4 per cent.
The German auto component maker is planning to go flat out in the coming years to make the most of the opportunities that India has to offer in the aftermarket arena. The success recipe for ZF will depend on strong partnerships, localisation and apt technology solutions.
Priya Sachdev’s nomination is believed to be one of the reasons behind Rani Kapur’s, late Sunjay Kapur’s mother, request to postpone the AGM. About 99.4% of the shareholders who were present at the AGM voted in favour of Priya.
Alleging that the death of her son in the UK was "highly suspicious and (under) unexplained circumstances", Sunjay's mother Rani sought deferment of the company's AGM scheduled for Thursday.
The remarks came amid China's recent curbs on exports of rare earth elements, impacting the global supply chain of the critical mineral which has diverse usage ranging from the manufacturing of home appliances to electric vehicles.
He said that commercial production at the company's lithium-ion cell manufacturing facility under its wholly owned subsidiary Exide Energy Solutions Ltd (EESL) is expected to commence during the current financial year.
This decision follows the passing of former chairman Sunjay Kapur in June, after which Jeffery Mark Overly was appointed as the chairman on June 23, 2025.
Gujarat is set to revolutionize India's lithium landscape. Researchers at CSMCRI in Bhavnagar have unveiled an eco-friendly method for extracting lithium from old batteries. This breakthrough not only aims to lessen India's dependency on imported lithium but also accelerates the extraction process while ensuring high purity levels.
Sona Comstar's shares have dipped 36% from their 52-week high. On Friday, the stock was trading at ₹486.35, down 0.91 per cent intraday.