Earnings | Asahi India Glass Ltd (NSE: ASAHIINDIA): Q3FY23 Results Out; Total Income rise 21% YoY

Asahi India Glass Ltd (NSE: ASAHIINDIA) is a leading glass solutions provider in India, with a diverse range of products for the automotive, architectural, and consumer glass segments. The company offers a wide range of automotive and architectural glass products, including laminated glass, tempered glass, insulating glass, and more. With a strong focus on innovation, technology, and sustainability,

Asahi India Glass Ltd reported a total income of Rs. 1012.6 crore during the period ended December 31, 2022, which decreased slightly compared to the previous quarter. The company posted a net profit of Rs. 83.91 crore for the same period, which decreased from the previous quarter’s net profit of Rs. 105.15 crore. The EPS for the period ended December 31, 2022, was reported at Rs. 3.45, which also decreased from the previous quarter. However, compared to the same period last year, the company’s total income increased to Rs. 1012.6 crore, from Rs. 832.72 crore. The net profit for the period ended December 31, 2022, was Rs. 83.91 crores, which increased compared to the same period last year. The EPS also increased to Rs. 3.45.

For the 9 Months period ended December 31, 2022, the company reported a total income of Rs. 2957.89 crore, which was higher than the previous year’s 9 Months period. The net profit for the 9 Months period ended December 31, 2022, was Rs. 295.96 crore, which increased compared to the same period last year. The EPS for the 9 Months period ended December 31, 2022, was reported at Rs. 12.17, which was also higher than the same period last year. Overall, Asahi India Glass Ltd has maintained a positive trend in its financial performance, demonstrating steady growth in total income and net profit.