Asahi India Glass' Q2 FY 2025-26 Quarterly Results

Result Summary

• Asahi India Glass Ltd reported a 6.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.1%.
• Its expenses for the quarter were down by 6.2% QoQ and up 6.6% YoY.
• The net profit increased 6.2% QoQ and decreased 38.4% YoY.
• The earnings per share (EPS) of Asahi India Glass Ltd stood at 2.22 during Q2 FY 2025-26.

Financial Statments for Q2 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, with operations primarily involving the manufacture and supply of glass products. The company serves a variety of sectors, including automotive and architectural, where it provides products like automotive glass, architectural glass, and consumer glassware. Asahi India Glass Ltd is a significant entity in its field, often involved in innovation and expansion of its product offerings. However, there is no specific information available in the provided data about recent major developments or strategic changes the company might have undertaken recently.

Revenue

For the quarter ending in Q2FY26, Asahi India Glass Ltd reported a total income of ₹1162.15 crores, a slight decrease from the previous quarter's (Q1FY26) income of ₹1239.51 crores, reflecting a quarter-over-quarter (QoQ) decline of 6.2%. When compared to the same quarter in the previous fiscal year (Q2FY25), where the total income was ₹1163.31 crores, the company experienced a minimal year-over-year (YoY) decline of 0.1%. This data highlights a relatively stable revenue performance on a yearly basis, despite the quarterly fluctuations.

Profitability

The company's profit metrics reveal a mixed performance. In Q2FY26, Asahi India Glass Ltd recorded a profit before tax of ₹70.77 crores, a reduction from ₹75.83 crores in Q1FY26, showing a decrease of 6.7% QoQ. Compared to Q2FY25, where the profit before tax was ₹139.43 crores, there is a significant YoY decline of 49.2%. The profit after tax for Q2FY26 stands at ₹58.19 crores, an increase from ₹54.79 crores in Q1FY26, marking a 6.2% QoQ rise. However, compared to the previous year (Q2FY25), where the profit after tax was ₹94.54 crores, this reflects a YoY decrease of 38.4%. The earnings per share (EPS) for Q2FY26 is ₹2.22, down from ₹3.93 in Q2FY25, indicating a YoY decrease of 43.5%.

Operating Metrics

The total expenses for Asahi India Glass Ltd in Q2FY26 were ₹1091.38 crores, lower than the ₹1163.68 crores reported in Q1FY26, reflecting a 6.2% QoQ decrease. However, when compared to Q2FY25, where expenses were ₹1023.88 crores, there is a YoY increase of 6.6%. The tax expense for Q2FY26 was ₹12.38 crores, a significant reduction from both the previous quarter (Q1FY26) at ₹20.98 crores and the previous year's same quarter (Q2FY25) at ₹46.37 crores, showing a QoQ decrease of 41.0% and a YoY decrease of 73.3%, respectively. These figures highlight the company's operational adjustments over the quarters and the year.