|
AIS (Asahi India Glass Ltd.), India¡¦s leading integrated glass Company announced its unaudited financial results for the third quarter and nine months ended 31st December, 2015 at its Board Meeting held today.
The consolidated financial performance highlights for the quarter ended 31st December, 2015 are as follows -
Net sales at Rs. 534.43 crores, reflected an increase of 7.89% over the previous year (Rs. 495.37 crores).
Operating EBIDTA i.e. Operating Earnings before exchange loss/(gain), Interest, Depreciation, Taxes and Amortisation increased 22.26% over the previous period from Rs. 85.83 crores in Q3 FY2015 to Rs. 104.94 crores in Q3 FY 2016.
Cash profit increased by 67.20% from Rs. 37.29 crores in Q3 FY2015 to Rs. 62.35 crores in Q3 FY2016.
PBT increased 216.38% from Rs. 10.99 crores in Q3 FY2015 to Rs. 34.77 crores in Q3 FY2016.
PAT increased by 136.25% from Rs. 9.38 crores in Q3 FY2015 to Rs. 22.16 crores in Q3 FY2016.
The table below gives the details of the financial performance both on standalone and consolidated basis ¡V
|
AIS ¡V Financial Results for the third quarter ended 31 st December, 2015
(Rs. Lakhs) |
|
Particulars |
(Standalone) |
(Consolidated) |
|
2015 |
2014 |
Change (%) |
2015 |
2014 |
Change (%) |
|
Net Sales |
52,453 |
48,519 |
8.11 |
53,443 |
49,537 |
7.89 |
|
Operating EBIDTA* |
10,797 |
8,753 |
23.35 |
10,494 |
8,583 |
22.26 |
|
Cash Profit / (Loss) |
6,555 |
3,908 |
67.73 |
6,235 |
3,729 |
67.20 |
|
Profit/(Loss) Before Tax |
3,904 |
1,400 |
178.86 |
3,477 |
1,099 |
216.38 |
|
Profit/(Loss) after Tax |
2,553 |
1,137 |
124.54 |
2,216 |
938 |
136.25 |
*Before exchange loss/(gain)
|
AIS ¡V Financial Results for nine months ended 31 st December, 2015
(Rs. Lakhs) |
|
Particulars |
(Standalone) |
(Consolidated) |
|
2015 |
2014 |
Change (%) |
2015 |
2014 |
Change (%) |
|
Net Sales |
160,058 |
153,836 |
4.04 |
163,210 |
157,157 |
3.85 |
|
Operating EBIDTA* |
32,758 |
25,377 |
29.09 |
32,069 |
25,003 |
28.26 |
|
Cash Profit / (Loss) |
18,583 |
11,429 |
62.60 |
17,854 |
10,979 |
62.62 |
|
Profit/(Loss) Before Tax |
10,675 |
3,592 |
197.19 |
9,626 |
2,811 |
242.44 |
|
Profit/(Loss) after Tax |
6,981 |
2,784 |
150.75 |
6,331 |
2,334 |
171.25 |
*Before exchange loss/(gain)
Speaking on the occasion, Mr. Sanjay Labroo, MD & C.E.O., AIS said ¡V
"Overall, I am satisfied with the financial performance. Although there was a small decline in sales last quarter due to some temporary issues like Chennai floods, subdued consumer sentiments and some delays in projects closures, but we successfully managed to post satisfactory operating profits due to better product mix, lower energy costs and optimal operating performance.
I am also glad that all our new products are well received by the market. Our capacity enhancement in automotive business is progressing as per plan. With the positive macro environment, we assiduously continue to march forward with a positive momentum."
|