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Gross sales and operating profit for the nine months period amounted Rs. 87188 lakhs and Rs. 17271 lakhs respectively.
Friday, Asahi India Glass said that the standalone net profit for the second quarter ended September 30, 2007 declined 63% to Rs. 5.55 crores from Rs. 14.82 crores in the same quarter last year.
Asahi Glass Co., Ltd. (Headquarters: Tokyo; President: Masahiro Kadomatsu) has succeeded in the development of a modified perfluoropolyether (PFPE) for hard disk lubricant.
The board of directors of Asahi India Glass recommended the interim dividend of 65%, or Rs 0.65 a share, declared in the board meeting held on Mar. 17, 2007, as final dividend for the financial year 2006-07.
Asahi India Glass on Monday posted 86.64 per cent decline in profit after tax at Rs 8.94 crore for the fourth quarter ended March 31, as compared to Rs 66.95 crore for the same quarter previous year.
Asahi India Glass said that the members of the company have authorized the board of directors of the company borrowing power of upto Rs 20 billion.
Asahi India Glass announced a consolidated net profit of Rs 139.24 million for the quarter ended Dec. 2006 as compared with Rs 28.88 million for the quarter ended Dec. 2005.
Asahi India Glass has commenced commercial production of float glass at company`s integrated glass plant at Roorkee, Uttaranchal with effect from Jan. 1, 2007.
As a result of last year's heavy flooding in the Western States, Asahi India Glass (AIS) has reported a 89.89 per cent drop in its net profit at Rs 2.47 crore for the quarter ending December 31 as compared to Rs 24.44 crore in the corresponding…
Triggered by a strong demand from the buoyant infrastructure sector and booming real estate market, the stock prices of glass manufacturers are hitting the roof. Prices of all the 14 listed glass firms have been on the rise.
Asahi India Glass Ltd has posted a net profit of Rs209.59mn for the quarter ended March 31, 2005 as compared to Rs202.82mn for the quarter ended March 31, 2004.
The shareholders of Asahi India Glass Ltd (AIGL) and Floatglass India Ltd (FIL) have approved the merger of the two companies, according to a AIGL release.
Auto-glass maker Asahi India Safety Glass has increased its stake to nearly 80 per cent in its subsidiary Float Glass India, through a recent open offer and said it might merge the ailing company with itself.