Asahi India Glass' Q1 FY 2025-26 Quarterly Results

Result Summary

• Asahi India Glass Ltd reported a 11.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.1%.
• Its expenses for the quarter were up by 15.8% QoQ and 13.0% YoY.
• The net profit decreased 25.2% QoQ and decreased 28.6% YoY.
• The earnings per share (EPS) of Asahi India Glass Ltd stood at 2.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Asahi India Glass Ltd. is a prominent player in the glass industry, primarily focused on the manufacture and distribution of a wide range of glass products. The company's offerings are categorized into automotive glass, architectural glass, and consumer glass, catering to various sectors including automotive, construction, and consumer goods. Asahi India Glass Ltd. operates within an industry characterized by innovation and adaptation to technological advancements, with glass being an essential component in modern infrastructure and vehicle manufacturing. As of the latest developments, there is no specific information available regarding recent major developments or strategic shifts for Asahi India Glass Ltd.

Revenue

In the first quarter of FY26, Asahi India Glass Ltd. reported a total income of ₹1239.51 crores, which represents an increase of 11.9% compared to the previous quarter (Q4FY25) where the total income stood at ₹1107.41 crores. On a year-over-year basis, there was a 9.1% increase from the first quarter of FY25, which had a total income of ₹1135.83 crores. This growth in revenue indicates an upward trend in the company's income over both the quarterly and annual periods. The positive trajectory in total income suggests increased sales or other income-generating activities during this time frame.

Profitability

The profitability metrics for Asahi India Glass Ltd. show a decline in the first quarter of FY26. The profit before tax was recorded at ₹75.83 crores, which is a decrease of 25.9% from the previous quarter's ₹102.39 crores, and a 28.2% decline from the ₹105.58 crores reported in the same quarter of the previous year. After accounting for taxes, the profit after tax for Q1FY26 was ₹54.79 crores, which is lower by 25.2% compared to Q4FY25 and 28.6% less than Q1FY25. Earnings per share also decreased to ₹2.30 from ₹3.00 in the previous quarter and ₹3.20 in the same quarter last year, reflecting the overall decrease in net profitability.

Operating Metrics

The total expenses for Asahi India Glass Ltd. in Q1FY26 amounted to ₹1163.68 crores, marking an increase of 15.8% from ₹1005.02 crores in the previous quarter, and a 13.0% increase from ₹1030.25 crores in the corresponding quarter of the previous year. This increase in expenses outpaced the growth in total income, contributing to the decline in profitability. The tax expense in Q1FY26 was ₹20.98 crores, which represents a decrease of 22.5% from the previous quarter and a 31.1% reduction from the same quarter last year. The significant changes in both income and expenses underscore the dynamics in the company's operational and financial management during this period.