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Asahi India Glass: 2002 net profit up from 2001

Asahi India Glass Ltd posted a net profit of INR 180.47 million for the year ended 31 March 2003 compared to a net profit of INR 110.86 million for fiscal 2001.
The company“s net profit in the 4Q of…

Asahi India Glass Ltd posted a net profit of INR 180.47 million for the year ended 31 March 2003 compared to a net profit of INR 110.86 million for fiscal 2001. The company“s net profit in the 4Q of fiscal 2002 stood at INR 50.91 million (INR 30.29 million for fiscal 2001). For the year ended 31 March 2003, the company reported sales of INR 2510.09 million (INR 2330.17 million). In the 4Q of fiscal 2002, AIGL registered a net profit of INR 50.91 million (INR 30.29 million) on sales of INR 670.58 million (INR 630.81 million) Asahi India Glass said that its subsidiary, Floatglass India, reported a net profit of INR 130.21 million on total sales of INR 2450.97 million for the year ended 31 March 2003. Floatglass posted a net profit of INR 40.37 million on total sales of INR 2430.93 million in the same period of fiscal 2001.

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