Please find enclosed Press Release for the quarter and half year ended on September 30, 2026

November 03, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block - G, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 544022 Symbol: ASKAUTOLTD ISIN No.: INE491J01022 ISIN No.: INE491J01022 Re.: ASK Automotive Limited Re.: ASK Automotive Limited Sub: Press Release for Unaudited Financial Results for the quarter and half year ended on September 30, 2026 Dear Sir/Madam, Please find enclosed a copy of the press release for Unaudited Financial Results of the Company for the quarter and half year ended on September 30, 2026. This is for your information and record. Thanking you. For ASK Automotive Limited Rajani Sharma Company Secretary & Compliance Officer Membership No.: ACS 14391 Encl: As above ASK Automotive Limited Highest Ever Quarterly Revenue, EBITDA and PAT in Q2 FY27 Q2 FY27 H1 FY27 Consolidated Revenue growth up +47.5 Consolidated Revenue growth up +49.6 Passthrough Impact of Significant increase in Alloy Passthrough Impact of Significant increase in Alloy Prices on revenue + 23.0% Prices on revenue + 27.1% Wheel Assembly strategic reduction impact (-) 5.0% Wheel Assembly strategic reduction impact (-) 5.1% Overall Net Revenue Growth up +29.5% Overall Net Revenue Growth up +27.6% EBITDA up +30.0% and PAT up +27.3% YOY EBITDA up +31.3% and PAT up +28.0% YOY Delhi, November 03, 2026: ASK Automotive Limited, India’s largest brake shoe and Advanced Braking Systems manufacturer for two-wheelers in India, today announced its financial results for the second quarter and half year ended 30th September,2026 Consolidated Financial Highlights (Figures in ₹Crores): Particulars Q2 FY27 Q2 FY26 Y-o-Y Q1 FY27 Q-o-Q 6M FY27 6M FY26 Y-o-Y Total income 1561 1059 47.5% 1361 14.7% 2922 1954 49.6% EBITDA 185 142 30.0% 164 12.9% 348 265 31.3% Margin (%) 11.8% 13.4% -159 bps 12.0% -19 bps 11.9% 13.6% -166 bps PAT 102 80 27.3% 85 19.3% 187 146 28.0% Margin (%) 6.5% 7.5% -103 bps 6.3% 25 bps 6.4% 7.5% -108 bps EPS 5.15 4.05 27.3% 4.32 19.3% 9.47 7.40 28.0% Financial Highlights Q2 FY27:  Strong performance in Q2 FY27: o Consolidated Revenue Growth up + 47.5% reaching Rs. 1561 Cr. o Passthrough impact of Significant increase in Alloy Prices on revenue + 23.0% o Wheel Assembly strategic reduction impact (-) 5.0% o Overall Net Revenue Growth up +29.5%  Revenue from Advanced Braking Systems grew by +46% year-on-year, while Aluminum Light Weighting Precision Solutions and Safety Control Cables recorded revenue growth of +69% and +33%, respectively. Export revenue rose by +133.3% year-on-year to Rs. 70 Cr., compared with Rs. 30 Cr. in the corresponding period last year.  Achieved EBITDA of Rs. 185 Cr. with 30.0% YOY growth  EBITDA Margin at 11.8%. However, EBITDA percentage lower due to pass-through Alloy prices.  Achieved PAT of Rs. 102 Crore with +27.3% YoY growth.  EPS increased to Rs. 5.15 against Rs. 4.05 in last year in same period; up +27.3% YoY. Financial Highlights H1 FY27:  Strong performance in H1 FY27: o Consolidated Revenue Growth up + 49.6% reaching Rs. 2922 Cr. o Passthrough impact of Significant increase in Alloy Prices on revenue + 27.1% o Wheel Assembly strategic reduction impact (-) 5.1% o Overall Net Revenue Growth up +27.6%  Revenue from Advanced Braking Systems grew by +47% year-on-year, while Aluminum Light Weighting Precision Solutions and Safety Control Cables recorded revenue growth of +72% and +27%, respectively. Export revenue rose by +74% year-on-year to Rs. 109 Cr., compared with Rs. 63 Cr. in the corresponding period last year.  Achieved EBITDA of Rs. 348 Cr. with 31.3% YOY growth  EBITDA Margin at 11.9%. However, However, EBITDA percentage lower due to pass- through Alloy prices.  Achieved PAT of Rs. 187 Crore with +28.0% YoY growth.  EPS increased to Rs. 9.47 against Rs. 7.40 in last year in same period; up +28.0% YoY. Commenting on the results, Mr. Kuldip Singh Rathee, Chairman and Managing Director said: “I am delighted to share with you that we had a strong performance in the second quarter in both revenue and profitability. This is the 12th consecutive quarter of robust performance by us since listing of the Company. Summary of Q2 FY27 results is as under:  Achieved Highest ever Quarterly revenue, EBITDA and PAT.  We delivered strong performance in business and recorded consolidated revenue growth of +47.5% (Excluding passthrough impact of significant increase in Alloy prices on revenue i.e. 23.0% and Wheel Assembly business strategic reduction i.e. (-) 5.0%), overall Net Revenue has grown by +29.5% on year-on-year basis.  We continue to outperform the 2W industry vehicle production growth.  Achieved EBITDA of Rs. 185 Cr. with 30.0% YOY growth  EBITDA Margin at 11.8%. However, EBITDA percentage lower due to pass-through Alloy prices.  Achieved PAT of Rs. 102 Crore with +27.3% YoY growth.  EPS increased to Rs. 5.15 against Rs. 4.05 in last year in same period; up +27.3% YoY Summary of H1 FY27 results is as under:  We delivered strong performance in business and recorded consolidated revenue growth of +49.6% (Excluding passthrough impact of significant increase in Alloy prices on revenue i.e. 27.1% and Wheel Assembly business strategic reduction i.e. (-) 5.1%), overall Net Revenue has grown by +27.6% on year-on-year basis.  Achieved EBITDA of Rs. 348 Cr. with 31.3% YOY growth  EBITDA Margin at 11.9%. However, EBITDA percentage lower due to pass-through Alloy prices.  Achieved PAT of Rs. 187 Crore with +28.0% YoY growth.  This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies.  We have outperformed the industry growth, and our aim is to continue this growth path on a sustainable basis with clear focus on the bottom line to enhance the shareholders’ value. Volatility in alloy prices may affect margin percentages due to the denominator effect; however, with Aluminium prices expected to remain benign in the coming quarters, we anticipate an improvement in our EBITDA margins.  With strong performance, our Earning per share (EPS) has increased to Rs. 9.47 per share against Rs. 7.40 per share in last year same period. Key Updates:  Regular supply of High Pressure Die Casted (HPDC) Alloy Wheel commenced on 3rd August 2026 to our leading Japanese customer under technical collaboration with Kyushu Yanagawa Japan. First time HPDC alloy wheels introduced in 2 wheelers in India.  Our mega manufacturing facility at Karoli is ramping up fast and new Bangalore facility is running at optimum utilisation. The improved economies of scale and operational efficiencies are benefiting us in delivering better performance.  One more Captive Solar power plant of 11.55 MWp in Rajasthan operationalised in Oct-26. This shows our ongoing commitment towards sustainable renewable energy initiative. As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent year. We anticipate the growth momentum in two-wheeler sector to continue for the upcoming year. We are committed to keep contributing towards the value creation for our Stakeholders and Investors.” About ASK Automotive Ltd ASK Automotive Limited is the largest manufacturer of brake shoes and advanced braking systems for two-wheelers in India with ~50% market share in OEMs. The company has three decades of track record in supplying critical safety systems and complex precision solutions. The Company offers powertrain-agnostic products in both automotive and non-automotive segments with a focus on EV and Exports. The company has diversified its operations and offers products under Advanced Braking Systems, Aluminium Light weighting precision solutions, and Safety Control Cables business segments. The company has state-of-the-art strategically located manufacturing facilities in close proximity to the customers in India and is [Showing first 8,000 characters — download PDF for full document]