Asahi India Glass Ltd. (AIS) is India’s leading value-added and integrated glass solutions company and a dominant player both in the automotive and architectural glass segments. Established in 1984, It was formed as a Joint Venture between The Labroo Family, Asahi Glass Co. of Japan and Maruti Udyog Ltd (now Maruti Suzuki India Ltd).
Financial Results:
Asahi India Glass Ltd reported Revenues for Q2FY24 of ₹1,120.00 Crores up from ₹1,014.00 Crore year on year, a rise of 10.45%.
Total Expenses for Q2FY24 of ₹1,011.00 Crores up from ₹865.00 Crores year on year, a rise of 16.88%.
Consolidated Net Profit of ₹86.00 Crores down 17.31% from ₹104.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹3.57, down 17.55% from ₹4.33 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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