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Asahi India Glass: rise in 2Q net profit

Asahi India Glass Ltd. has recorded a net profit of INR 148.192 million on net turnover of INR 1736.163 million (on a stand alone basis) for the 2Q ended September 2006. In the 2Q 2005-06, the company…

Asahi India Glass Ltd. has recorded a net profit of INR 148.192 million on net turnover of INR 1736.163 million (on a stand alone basis) for the 2Q ended September 2006. In the 2Q 2005-06, the company made a net profit of INR 4.423 million on a net turnover of INR 1545.71 million. During the 2Q 2006-07, the company derived revenues of INR 1098.397 million from its automotive business and INR 592.672 million from float glass. In the 2Q 2005-2006, the firm recorded revenue of INR 938.173 million from automotive and INR 652.293 million from float glass. Asahi India Glass reported a net profit of INR 198.024 million on net turnover of INR 3464.101 million for the 1H ended September 2006, compared to a net profit of INR 168.297 million on net turnover of INR 3083.62 million for the previous year first half.

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