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Share the post "Asahi India Glass ‘s Q3 2024-25 Latest News: Profit Grows by 88.36% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 5.54 % in the past year, decrease in net sales/revenue by -3.15 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 2060.91 %. Marginal increase in other income during this quarter, up by 921.63%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Asahi India Glass Limited. Notable increase of 88.36 % in net profit Year to Year, Asahi India Glass Limited’s profitability increased by 38.63 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 88.26 % Year to Year. EPS increased by 38.85 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 998.91 Cr | Rs. 1088.52 Cr | Rs. 1054.22 Cr | -3.15 % | + 5.54 % |
| Expenses | Rs. 834.86 Cr | Rs. 884.74 Cr | Rs. 888.01 Cr | + 0.37 % | + 6.37 % |
| Operating Profit | Rs. 164.05 Cr | Rs. 203.78 Cr | Rs. 166.21 Cr | -18.44 % | + 1.32 % |
| OPM % | 16.42 % | 18.72 % | 15.77 % | -2.95 % | -0.65 % |
| Other Income | Rs. 3.3 Cr | Rs. 6.98 Cr | Rs. 71.31 Cr | + 921.63 % | + 2060.91 % |
| Interest | Rs. 32.75 Cr | Rs. 29.58 Cr | Rs. 30.37 Cr | + 2.67 % | -7.27 % |
| Depreciation | Rs. 42.28 Cr | Rs. 43 Cr | Rs. 43.43 Cr | + 1 % | + 2.72 % |
| Profit before tax | Rs. 92.32 Cr | Rs. 138.18 Cr | Rs. 163.72 Cr | + 18.48 % | + 77.34 % |
| Tax % | 26.08 % | 32.9 % | 21.49 % | -11.41 % | -4.59 % |
| Net Profit | Rs. 68.24 Cr | Rs. 92.72 Cr | Rs. 128.54 Cr | + 38.63 % | + 88.36 % |
| EPS in Rs | Rs. 2.81 | Rs. 3.81 | Rs. 5.29 | + 38.85 % | + 88.26 % |
Today, we’re looking at Asahi India Glass Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 5.54 %. However, it did see a marginal slip of -3.15 % from the previous quarter. Expenses ticked up slightly by 0.37 % quarter-on-quarter, aligning with the annual rise of 6.37 %. Operating profit, while up 1.32 % compared to last year, faced a quarter-on-quarter dip of -18.44 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.65 %, but a shrinkage of -2.95 % sequentially. Other income rose by 921.63 % compared to the last quarter, despite an annual growth of 2060.91 %. Interest expenses surged remarkably by 2.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.27 %. Depreciation costs climbed by 1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.72 %. Profit before tax grew annually by 77.34 % but saw an increase from the preceding quarter by 18.48 %.
Tax expenses as a percentage of profits decreased slightly by -4.59 % compared to last year, with a more notable quarter-on-quarter decrease of -11.41 %. Net profit rose by 88.36 % year-on-year but experienced a 38.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 88.26 % but a quarterly rise of 38.85 %. In summary, Asahi India Glass Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 998.91 Cr | Rs. 1088.52 Cr | Rs. 1054.22 Cr | -3.15 % | + 5.54 % |
| Expenses | Rs. 834.86 Cr | Rs. 884.74 Cr | Rs. 888.01 Cr | + 0.37 % | + 6.37 % |
| Operating Profit | Rs. 164.05 Cr | Rs. 203.78 Cr | Rs. 166.21 Cr | -18.44 % | + 1.32 % |
| Net Profit | Rs. 68.24 Cr | Rs. 92.72 Cr | Rs. 128.54 Cr | + 38.63 % | + 88.36 % |
| EPS in Rs | Rs. 2.81 | Rs. 3.81 | Rs. 5.29 | + 38.85 % | + 88.26 % |
In reviewing Asahi India Glass Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.54 % year-on-year growth, although there was a slight dip of -3.15 % from the previous quarter. Expenses rose by 6.37 % compared to the previous year, with a 0.37 % increase quarter-on-quarter. Operating Profit surged by 1.32 % annually, and saw a -18.44 % decrease from the last quarter.
Net Profit showed yearly increase of 88.36 %, and experienced a 38.63 % increase from the previous quarter. Earnings Per Share (EPS) rose by 88.26 % annually, however rose by 38.85 % compared to the last quarter. In essence, while Asahi India Glass Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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