Asahi India Glass Partners with Adani Green for 20.8 MW Wind-Solar Hybrid Power Project 5 days ago
Asahi India Glass has partnered with Adani Green Energy to procure 20.8 MW of wind-solar hybrid power from Khavda, Gujarat, with Asahi subscribing to at least 26% equity share capital. The project includes 25 MW solar and 20.8 MW wind capacity, supporting Asahi's goal to shift 70% of energy consumption to renewables by 2030. The company currently consumes 490,877 GJ from renewable sources and has also initiated green hydrogen projects in Rajasthan.
Asahi India Glass Reports Robust Q4 Performance with 25% Profit Surge
Asahi India Glass Ltd, a leading glass manufacturer, reported strong Q4 FY2024 results. Consolidated net profit increased by 25% to 924 million rupees, while revenue grew 7.3% to 11.80 billion rupees. Quarterly EBITDA rose 41.88% to 237.50 crore rupees, and EPS jumped 88.26% to 5.29 rupees. The company maintained a stable Operating Profit Margin of 16%. For the full fiscal year 2024, annual revenue increased by 8.20% to 4,365.90 crore rupees, though net profit slightly decreased to 325.10 crore rupees.
26Mar 25
Asahi India Glass Expands Operations with New Facility in Soniyana
Asahi India Glass Limited (AIS) has commenced commercial operations at its new float glass facility in Soniyana, Rajasthan. The company announced this expansion on March 25, 2025, in compliance with SEBI regulations. This strategic move is expected to increase AIS's production capacity and strengthen its position in the glass manufacturing industry.
25Mar 25
Asahi India Glass Expands Operations with New Soniyana Facility
Asahi India Glass Limited (AIS) has commenced commercial operations at its new float glass facility in Soniyana, Rajasthan on March 25, 2025. This strategic expansion aims to enhance AIS's production capabilities in the float glass segment, positioning the company to meet growing demand across construction, automotive, and other industries. The company has duly informed the National Stock Exchange of India Ltd. and BSE Limited of this development in compliance with SEBI regulations.