Asahi India Glass Q4 soars 245%

Date: 14 May 2004

Asahi India Glass Ltd has posted a net profit of Rs 20.28 crore for the quarter ended March 31, 2004 whereas it was Rs 5.90 crore in the quarter ended March 31, 2003, an increase of 245 per cent.

Total Income (net of excise) was Rs 58.60 crore in MQ-03 whereas it is Rs 139.88 crore in the quarter ended March 31, 2004.

The company has posted a net profit of Rs 71.75 crore for the year ended March 31, 2004 whereas it was Rs 37.68 crore in FY-03, an increase of 90.42 per cent. Total Income (net of excise) was Rs 409 crore in FY-03 whereas it is Rs 504.70 crore in the year ended March 31, 2004.

Shares of Asahi India Glass were last traded on the BSE at Rs 123 up Rs 3.75 or 3.14 per cent.

600450 Asahi India Glass Q4 soars 245% glassonweb.com

See more news about:

Others also read

The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Christmas got a little bluer for the local glass industry this week with the closure of yet another plant.

Add new comment