Asahi India Glass reports 25.39% decline in in Q1 FY25 profit
ECONOMY & POLICY

Asahi India Glass reports 25.39% decline in in Q1 FY25 profit

Asahi India Glass has reported a 25.39% decline in its net consolidated profit for the quarter ended June 30, 2024. The net profit after tax stood at Rs 766.9 million in Q1 FY25, compared to Rs 1.02 billion in the corresponding quarter of the previous fiscal, according to a BSE filing by the company.

The company's net consolidated total income for Q1 FY25 was Rs 11.35 billion, marking a 4.14% increase from Rs 10.90 billion in the same quarter last year.

Additionally, the board of directors has approved the appointment of Kamaljit Kalkat as an additional director in the capacity of an independent director for a period of five consecutive years, effective August 6, 2024.

(Source:ET)

Asahi India Glass has reported a 25.39% decline in its net consolidated profit for the quarter ended June 30, 2024. The net profit after tax stood at Rs 766.9 million in Q1 FY25, compared to Rs 1.02 billion in the corresponding quarter of the previous fiscal, according to a BSE filing by the company. The company's net consolidated total income for Q1 FY25 was Rs 11.35 billion, marking a 4.14% increase from Rs 10.90 billion in the same quarter last year. Additionally, the board of directors has approved the appointment of Kamaljit Kalkat as an additional director in the capacity of an independent director for a period of five consecutive years, effective August 6, 2024. (Source:ET)

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?