Quarterly Updates20 Aug 2025, 05:31 am
Asahi India Glass Ltd. Reports 13% Growth in Auto Glass SBU Sales for FY 2024-25
AI Summary
Asahi India Glass Ltd. (AIS) has reported a 13% growth in sales for its Auto Glass SBU, reaching ₹ 2,990 crs with an EBIDTA of 16% for the Financial Year 2024-25. The company has made significant strides in its Auto business, including the start of a float furnace in Soniyana and assembly operations at MSIL complex at Kharkhoda, Haryana. AIS also continued its brown field investments in Patan, Chennai and Bawal, and launched three key new products in Auto. The company's performance is noteworthy considering the volatile and uncertain global economic conditions.
Key Highlights
- AIS reports 13% growth in Auto Glass SBU sales for FY 2024-25
- Start of a float furnace in Soniyana, AIS's largest single investment
- Start of assembly operations at MSIL complex at Kharkhoda, Haryana
- Brown field investments in Patan, Chennai and Bawal
- Launch of 3 key new products in Auto