Asahi India Glass Q1FY24 Results: Consolidated PAT to Rs. 103.82 Cr

Asahi India Glass Q1FY24 Results Consolidated PAT to Rs. 103.82 Cr

Asahi India Glass Q1 results show revenue up from 1077.26 crores to 1090.69 crores, a 1.25% increase in growth. EPS rise from ₹2.84 to ₹4.27, up by 50.35%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Asahi India Glass shared its Q1 results on Monday. They earned 1090.69 crores in revenue this quarter, but that’s more than the 1077.26 crores they made last quarter. The company’s growth increased by 1.25 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 103.82 crores, up from 68.92 crores in the previous quarter. Their quarter-to-quarter growth increased by 50.64 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹4.27, which is an increase of 50.35% from the ₹2.84 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1090.69 crores this year (2023), which is 17.80 percent higher than last year’s total revenue of 925.90 crores.

This year’s PAT (Profit After Tax) is 103.82 crores, which is also -2.88% lower than last year’s PAT of 106.90 crores.

The EPS (Earnings Per Share) for this year is ₹4.27, which is -2.95% less than the EPS of ₹4.40 earned last year.

Also Read: Maruti Suzuki Q1FY24 Results: Consolidated PAT of Rs. 2525.2 Cr

Asahi India Glass Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Asahi India Glass:

Asahi India Glass Limited, commonly referred to as AIS, is a prominent glass solutions and manufacturing company based in India. It was founded in 1984 and specializes in the production of automotive safety glass, float glass, architectural processed glass, and various other glass products.

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