ASAL Q2 FY27: standalone PAT up 129% YoY to ₹10.1 Cr as revenue jumps 59%, margins expand

Automotive Stampings and Assemblies (standalone; the company holds no subsidiary, associate or JV, so no consolidated statement exists) reported revenue from operations of ₹336.70 Cr for Q2 FY27, up 59% YoY from ₹211.78 Cr and 33% QoQ from ₹253.32 Cr. Standalone PAT more than doubled to ₹10.07 Cr — up 129% YoY from ₹4.39 Cr and 115% QoQ from ₹4.69 Cr — with EPS at ₹6.35 versus ₹2.77 a year ago and ₹2.95 last quarter. Neither this quarter nor the year-ago quarter carries an exceptional item, so the growth sits on a clean, comparable base and raw YoY PAT growth (~129%) equals the adjusted figure. The operating margin expanded to 6.49% from 5.94% a year ago and 5.57% last quarter, and net margin widened to 2.99% from roughly 2.07% YoY, meaning the revenue surge came with positive operating leverage — materials, employee and other expenses together grew slower than revenue — rather than from pricing or mix alone. Management gives no formal guidance and our records hold no prior concall commentary, so this print cannot be benchmarked against a company outlook; a web search for sell-side Q2 FY27 previews on this stock found none, so street expectations and any beat/miss call are unknown, consistent with thin analyst coverage of this small-cap Tata Autocomp-group auto-ancillary. On the corporate side, the quarter included a senior management resignation (Sept 17, 2026) ahead of the trading-window closure, and the board has since approved two appointments — Head-Purchase effective Oct 1, 2026 and Head-IT & Digital effective Oct 26, 2026 — neither of which affected this quarter's numbers but both sit outside the reporting period and bear watching for continuity. No management press release accompanied the filing, so this read rests solely on the reported figures.