Asahi India Glass reports strong Q2 results, completes equity raise

Asahi India Glass Limited (AIS) disclosed its unaudited financial results for Q2 and H1 2025, reporting a standalone net profit of INR 4,746 Lakhs for the quarter and INR 10,083 Lakhs for the half year. Consolidated net profit for the same periods stood at INR 5,819 Lakhs and INR 11,298 Lakhs, respectively. The company's total standalone revenue from operations reached INR 108,243 Lakhs for Q2 2025, with consolidated total revenue at INR 115,122 Lakhs.

In addition to the financial performance, AIS successfully raised INR 1000 Crores through an issue and allotment of equity shares to Qualified Institutional Buyers during the quarter. A monitoring agency report confirmed the utilization of these proceeds was in line with disclosed objects. Specifically, INR 58.75 Crores were used for term loan repayment, INR 192.00 Crores for WCDL repayment, and INR 0.61 Crores for issue expenses during Q2 FY26.

The financial results were prepared in accordance with Indian Accounting Standards and pertinent SEBI regulations. The company also noted the approval of a merger of three erstwhile subsidiaries with AIS Glass Solutions Limited effective April 1, 2023, with accounting impacts incorporated into restated financial statements.