Asahi India reports a 36.23% yoy in Q3FY22 PAT

1 Feb 2022 , 03:27 PM

Asahi India Glass Ltd. announced its results for the quarter ended December 2021. The company a reported notable growth in its PAT and revenue.

The company reported net sales of Rs 811.75 crore for the December 2021 quarter against Rs 738.86 crore for the previous corresponding quarter, reporting growth of 9.88% YoY. While its consolidated sales were reported at Rs 829.32 crore for December 2021 quarter as against Rs 752.46 crore for the previous corresponding quarter, reflecting a growth of 10.21% YoY.

Its PAT stood at Rs 100.06 crore for the quarter ended December 2021 as compared to Rs 73.45 crore for the quarter ended December 2020, reflecting a growth of 36.23% YoY. Its consolidated PAT stood at Rs 100.22 crore in December 2021, against Rs 73.91 crore, up by 35.60% YoY

The company’s EBITDA was seen at Rs 221.47 crore for December 2021 quarter, as against Rs 180.60 crore for December 2020 quarter, registering a growth of 22.63% YoY. Consolidated EBITDA was reported at Rs 219 crore for the current quarter.

The company managed to widen its EPS from the existing Rs 3.02 in December 2020 to Rs 4.12 in December 2021.