Asahi India Glass Q1 Net Plummets By 69.59%

Date: 31 July 2006
Source: Myiris.com

Date: 31 July 2006

The net profit of Asahi India Glass has plunged by 69.59% during the quarter ended June 30, 2006. The company posted a net profit after tax of Rs 49.83 million for the quarter ended June 30, 2006 as compared with Rs 163.87 million for the corresponding quarter in 2005.

However, the total revenue (net of excise) of the company increased to Rs 1736.47 million for the quarter ended June 30, 2006 from Rs 1555.73 million for the corresponding quarter last year.

Asahi India Safety Glass was established in 1987 with the objective of providing safety glass to the rapidly expanding and modernising Indian automobile industry.

Read the entire news on the source link below.
600450 Asahi India Glass Q1 Net Plummets By 69.59% glassonweb.com

See more news about:

Others also read

MORE...

Lincoln Glass Celebrates 50th Year
Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Potters Industries Inc. Announces Price Increase For Metal Finishing and Impact Glass Bead Products
Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Retail Architects Say Better-Looking Stores Mean Profits
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Optical-Glass Firm Buys Camera Maker Pentax
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Mysterious Egyptian Glass Formed by Meteorite Strike, Study Says
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded.
Business Of Glass Manufacturer Gecsat Down 16%
ZF.com reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment