Asahi India Glass Reports ₹924.1 Million Profit in March Quarter, Declares ₹2 Dividend

Asahi India Glass Ltd has announced its financial results for the March quarter, reporting a consolidated net profit of ₹924.1 million. The company also recorded an income from operations of ₹11.48 billion, reflecting steady business performance. In line with its commitment to shareholder returns, Asahi India Glass has declared a dividend of ₹2 per share.  

 

Quarterly Financial Performance:  

- The company posted a consolidated net profit of ₹924.1 million, demonstrating stable earnings and operational efficiency.  

- Revenue from operations stood at ₹11.48 billion, indicating sustained market demand and business momentum.  

- The financial results highlight Asahi India Glass’s ability to navigate industry challenges while maintaining profitability.  

 

Dividend Announcement and Market Outlook:  

- Asahi India Glass has approved a dividend of ₹2 per share, reinforcing its commitment to rewarding shareholders.  

- The payout is expected to enhance investor confidence and strengthen market positioning.  

- Analysts view this move as a reflection of the company’s strong cash flow and financial stability.  

 

Sources: Moneycontrol, Economic Times, Business Standard