Asahi India Glass Ltd. reported unaudited standalone and consolidated earnings results for the second quarter and first six months ended September 30, 2016. For the quarter, on standalone basis, the company reported profit from operations before other income, finance costs & exceptional items of INR 947.8 million against INR 694.0 million for the same period of last year. Profit from ordinary activities before tax was INR 603.6 million against INR 342.4 million for the same period of last year. Net profit for the period was INR 364.8 million or INR 1.60 per basic and diluted share against INR 224.0 million or INR 0.92 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 6,698.4 million against INR 5,927.6 million for the same period of last year.
For the six months, on standalone basis, the company reported profit from operations before other income, finance costs & exceptional items of INR 1,718.2 million against INR 1,391.3 million for the same period of last year. Profit from ordinary activities before tax was INR 1,041.2 million against INR 677.1 million for the same period of last year. Net profit for the period was INR 366.1 million or INR 2.60 per basic and diluted share against INR 442.8 million or INR 1.82 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 12,748.3 million against INR 11,582.1 million for the same period of last year.
For the quarter, on consolidated basis, the company reported profit from operations before other income, finance costs & exceptional items of INR 907.9 million against INR 662.9 million for the same period of last year. Profit from ordinary activities before tax was NR 569.8 million against INR 307.6 million for the same period of last year. Net profit for the period was INR 321.0 million or INR 1.37 per basic and diluted share against INR 189.2 million or INR 0.84 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 6,674.6 million against INR 6,043.7 million for the same period of last year.
For the six months, on consolidated basis, the company reported profit from operations before other income, finance costs & exceptional items of INR 1,646.4 million against INR 1,335.5 million for the same period of last year. Profit from ordinary activities before tax was INR 961.2 million against INR 614.9 million for the same period of last year. Net profit for the period was INR 553.1 million or INR 2.40 per basic and diluted share against INR 380.6 million or INR 1.69 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 12,946.9 million against INR 11,803.5 million for the same period of last year.