Asahi India Glass Limited announced unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, on standalone basis, the company reported net sales of INR 5,677.5 million against INR 5,261.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 770.4 million against INR 697.3 million a year ago. Profit from ordinary activities before tax was INR 437.6 million against INR 334.7 million a year ago. Net profit for the period was INR 368.3 million or INR 1.10 basic and diluted per share before and after extraordinary items against INR 218.8 million or INR 0.90 basic and diluted per share before and after extraordinary items a year ago.
For the consolidated basis, on standalone basis, the company reported net sales of INR 5,797.1 million against INR 5,364.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 737.5 million against INR 672.6 million a year ago. Profit from ordinary activities before tax was INR 401.4 million against INR 307.3 million a year ago. Net profit for the period was INR 232.1 million or INR 1.03 basic and diluted per share before and after extraordinary items against INR 191.4 million or INR 0.85 basic and diluted per share before and after extraordinary items a year ago.