Asahi Songwon Colors Limited reported Q1 consolidated revenue of ₹149.88 crores, up 11.62% year-on-year but down 1.88% quarter-on-quarter. EBITDA margins compressed to 7.93% from 11.53% in the previous quarter. Net profit before exceptional items decreased by 40.73% year-on-year to ₹2.59 crores. The Blue Business faced subdued demand in the latter half of the quarter, while the AZO segment showed steady progress. The API segment experienced declining product realizations despite higher volumes. Management expects continued challenges in Q2 but anticipates recovery in the second half of the financial year.
Asahi Songwon Colors Limited, a leading Indian manufacturer of pigments, colorants, and APIs, anticipates a tough second quarter due to persistent challenging market conditions in the pigment industry. The company's Q1 results showed a decline in EBITDA and net profit, with revenue at ₹149.88 Cr, EBITDA at ₹12.00 Cr, and net profit at ₹2.59 Cr. The Blue Business segment faced subdued performance with declining demand. Management expects muted business momentum in Q2 but remains optimistic about recovery in the second half of the fiscal year.
29Jul 25
Asahi Songwon Colors Reports Q1 Revenue Growth Amid Profitability Challenges and Appoints New Secretarial Auditors
Asahi Songwon Colors Limited reported a 12.06% year-over-year revenue growth to ₹15,133.64 lakhs for Q1. However, profit before tax declined to ₹422.71 lakhs from ₹603.67 lakhs in the same quarter last year. The company's pigments segment generated ₹12,450.22 lakhs in revenue, while the API segment contributed ₹2,683.41 lakhs. The board appointed M/s. SPANJ & Associates as Secretarial Auditors for five years from 2025-26 to 2029-30, subject to shareholder approval.
08May 25
Asahi Songwon Colors Reports 245% Surge in Q4 Net Profit
Asahi Songwon Colors, a leading chemical industry player, reported a significant increase in its Q4 consolidated net profit. The company's net profit rose to ₹76.00 million, up from ₹22.00 million in the same quarter last year, marking a 245.45% year-over-year growth. This substantial increase indicates strong financial health and effective business strategies, positioning the company well in the chemical sector.