AIS Q4 net profit rises 45% to ₹1,326.1 million, declares ₹2 dividend

Asahi India Glass reported a consolidated net profit of ₹1,326.1 million for the fourth quarter ended March 31, 2026, a 45% increase from ₹915.4 million in the corresponding period of the previous year. Revenue from operations for the quarter rose to ₹13,540.6 million from ₹11,798.5 million year-on-year. The Board of Directors has recommended a final dividend of ₹2 per equity share of face value ₹1 each for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting.

Q4 Financial Performance

The company delivered a notable improvement in profitability during the quarter, with consolidated EBITDA climbing to ₹2,870.1 million from ₹1,970.3 million year-on-year. The EBITDA margin expanded to 21.2% from 16.7% in the corresponding period of the previous year. The following table summarises the key financial metrics for the quarter:

Metric	Q4 Current	Q4 Previous (YoY)
Consolidated Net Profit	₹1,326.1 Million	₹915.4 Million
Revenue from Operations	₹13,540.6 Million	₹11,798.5 Million
EBITDA	₹2,870.1 Million	₹1,970.3 Million
EBITDA Margin	21.2%	16.7%

Operational Highlights and Exceptional Items

The standalone net profit for the quarter stood at ₹1,259.1 million, compared to ₹913.8 million in the previous year. The financial results include an exceptional item of ₹25 million, comprising past service costs related to the New Labour Codes and merger expenses. The company's subsidiaries, including AIS Consumer Glass Solutions Limited, Integrated Glass Materials Limited, and Shield Auto Glass Limited, contributed to the consolidated performance. A merger of four subsidiaries became effective from July 1, 2025, and its impact has been considered in the financials.

Auditor and Board Approval

The audited financial results for the standalone and consolidated entities for the fourth quarter and financial year ended March 31, 2026, were reviewed by the Audit Committee on May 26, 2026, and approved by the Board on May 27, 2026. M/s V S S A & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the financial results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.88%	-2.42%	+2.92%	-14.52%	+16.76%	+170.04%

Asahi India Glass Limited has successfully completed its postal ballot process, with shareholders approving the appointment of Mr. Takahiro Tokuda (DIN: 09544810) as Non-Executive Independent Director of the Company. The Special Resolution was passed on 9th May, 2026, following an e-voting window that remained open from 10th April, 2026 (09:00 A.M. IST) to 9th May, 2026 (05:00 P.M. IST). The record date for determining eligible shareholders was 3rd April, 2026, on which date the total number of shareholders stood at 66,254.

Postal Ballot Process and Compliance

The postal ballot was conducted in compliance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as Section 110 and Section 108 of the Companies Act, 2013. The Company availed the services of Central Depository Services Limited (CDSL) as the e-voting platform, with voting facilitated through the designated website www.cdslindia.com . The Postal Ballot Notice, dated 30th March, 2026, was dispatched to members on 9th April, 2026, and an advertisement regarding the same was published on 10th April, 2026 in Business Standard (all editions) and Veer Arjun, New Delhi.

Only members holding shares as on the cut-off date of 3rd April, 2026 were entitled to vote on the resolution. The Company dispatched notices exclusively through electronic means to members whose email IDs were available with the Company and Depositories, and no physical notices were sent.

Voting Results: Special Resolution

The Special Resolution for the appointment of Mr. Takahiro Tokuda as Non-Executive Independent Director was passed with an overwhelming majority. The table below presents the category-wise voting details:

Category:	Shares Held	Votes Polled	% Votes Polled	Votes in Favour	Votes Against	% in Favour	% Against
Promoter & Promoter Group:	13,14,67,056	12,53,23,282	95.33%	12,53,23,282	0	100.00%	0.00%
Public – Institutions:	2,60,28,990	2,45,32,752	94.25%	1,58,84,958	86,47,794	64.75%	35.25%
Public – Non Institutions:	9,74,31,146	4,23,50,350	43.47%	4,23,50,193	157	100.00%	0.00%
Total:	25,49,27,192	19,22,06,384	75.40%	18,35,58,433	86,47,951	95.50%	4.50%

Summary of Votes Cast

The scrutinizer's report, prepared by Sanjeev Pandey, Partner at M/s. SSPK & CO., Company Secretaries, further summarised the voting outcome as follows:

Votes in Favour of the Resolution:

Metric:	Details
Number of Members Who Voted:	280
Number of Votes Cast:	18,35,58,433
% of Total Valid Votes Cast:	95.50%

Votes Against the Resolution:

Metric:	Details
Number of Members Who Voted:	67
Number of Votes Cast:	86,47,951
% of Total Valid Votes Cast:	4.50%

No invalid votes were recorded in the process.

Scrutinizer's Report and Declaration

The scrutinizer's report was submitted by Sanjeev Pandey (M.No. F10272, CP No. 17237) of SSPK & CO., Company Secretaries, New Delhi, on 12th May, 2026. The report confirmed that the Special Resolution was duly passed with the requisite majority. The voting results and the scrutinizer's report have been uploaded on the Company's website at www.aisglass.com and on the CDSL e-voting platform at www.evotingindia.com . The compliance filing was signed by Gopal Ganatra, Executive Director, General Counsel & Company Secretary (Membership No. F7090), on behalf of Asahi India Glass Limited.