Asahi India Glass Q1 FY27: Revenue Up, Profit Down

The key takeaway from the quarter

Asahi India Glass Limited (AIS) reported Q1 financial results that showed revenue growth but weaker profitability compared with the same quarter last year. Consolidated revenue from operations rose to Rs 1,228.74 crore from Rs 1,132.66 crore, while consolidated net profit fell to Rs 54.79 crore from Rs 76.69 crore. On a standalone basis, revenue increased to Rs 1,143.83 crore from Rs 1,062.86 crore, while net profit declined to Rs 53.37 crore from Rs 76.46 crore. The updates matter for investors tracking demand trends in auto and building-linked glass, and for assessing how costs and non-operating items are shaping bottom-line performance.

Board meeting and results date

The company notified a Board meeting on August 5, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. The “Quick Details” section also lists the results date as August 05, 2026, and the period as Q1 FY 2026-2027. This anchors the quarter to the start of FY27 and places the disclosure in the early-August results cycle.

Quick snapshot: debt, valuation, and prior-quarter references

Alongside the financial results, the dataset provides a market snapshot and certain trailing-quarter reference numbers. Market cap is listed at Rs 22,261.39 crore and CMP at Rs 874.35. Net debt for the latest quarter is listed at Rs 2,118.34 crore. The “Previous quarter” figures included in the same block show revenue of Rs 1,354.06 crore, PAT of Rs 132.48 crore, and EBITDA margin of 21.17%.

Consolidated Q1 performance: revenue up, profit down

On the consolidated basis, revenue from operations for the quarter is reported at Rs 1,228.74 crore versus Rs 1,132.66 crore in the year-ago quarter. Consolidated net profit is reported at Rs 54.79 crore versus Rs 76.69 crore last year. In a separate narrative block, revenue of Rs 1,228.74 crore is described as a quarter-on-quarter (QoQ) increase of 4.14% from Rs 1,179.85 crore, and a year-on-year (YoY) growth of 8.48%. The same narrative section also lists Profit Before Tax at Rs 75.77 crore (down 39.05% QoQ from Rs 124.32 crore and down 29.29% YoY) and net profit at Rs 56.17 crore (down 39.22% QoQ from Rs 92.41 crore and down 27.98% YoY).

Standalone Q1 performance: similar direction

On the standalone basis, AIS reported revenue from operations of Rs 1,143.83 crore for the current quarter versus Rs 1,062.86 crore in the previous-year quarter. Standalone net profit is reported at Rs 53.37 crore versus Rs 76.46 crore last year. The standalone and consolidated trendlines are consistent in direction: top-line growth, but lower earnings compared with last year.

Costs, operating line items, and EPS from the quarterly table

The quarterly results table (figures in crores) provides a more granular view of selected line items. Total operating expense is listed at Rs 1,104.36 crore for the period label “Jun 25” versus Rs 997.96 crore for “Jun 24.” Depreciation and amortization is listed at Rs 67.95 crore versus Rs 46.71 crore year-on-year in that table. Operating income is listed at Rs 124.38 crore versus Rs 134.70 crore, while net income is listed at Rs 56.17 crore versus Rs 77.99 crore. Diluted normalized EPS is listed at Rs 2.31 versus Rs 3.21.

The same table also shows selling, general and admin (SG&A) expenses at Rs 317.46 crore versus Rs 257.37 crore year-on-year, and “Other operating expenses total” at Rs 292.10 crore versus Rs 255.20 crore. Investors typically monitor these lines because small shifts in overheads, depreciation, and other operating costs can materially impact net profit even when revenue is rising.

Annual mix indicators: segment and India contribution

The data also includes annual contribution details in absolute INR values, which are normalised here to Rs crore for consistency. Last year, the company generated Rs 4,676 crore, with Rs 2,990 crore coming from its top-performing segment, Automotive Glass, compared with Rs 2,645 crore in the previous year. On geography, India accounted for Rs 4,556 crore last year versus Rs 4,291 crore the year before.

These figures point to Automotive Glass and India as the most significant drivers in the stated annual breakdown, providing context for why investors tend to read quarterly updates through the lens of auto demand, OEM schedules, and domestic market conditions.

Corporate actions and governance updates

AIS also scheduled its 40th AGM for September 10. The company appointed a new Secretarial Auditor and re-appointed an Independent Director, as per the provided text. Separately, the dataset notes that Asahi India Glass Ltd. declared a dividend of Rs 2.00 on 03 Sep, 2025.

Governance and compliance updates usually do not move near-term earnings, but they are tracked for continuity in oversight and for the corporate calendar, especially around AGM-related approvals.

Market snapshot: multiple price references in the dataset

The data includes several market references across different points. CMP is listed at Rs 874.35, and a separate line shows “Current Price ₹ 817 -2.35%.” Another historical news excerpt notes shares trading 1.85% down at Rs 82.05 on the BSE, alongside a separate set of financials (net profit of Rs 2.79 crore and total income of Rs 400.41 crore for a quarter ended June 30) that appear to relate to an earlier period.

Because these figures are from different snapshots, they are best read as context rather than a single continuous market tape. Investors generally align price reaction with the specific quarter’s consolidated and standalone numbers and the accompanying disclosures.

Key numbers table: what the quarter shows

The following table consolidates the most directly comparable Q1 metrics and the headline balance-sheet and market snapshot disclosed in the data.

Why this update matters for investors

The quarter shows a clear split between the top line and the bottom line. Revenue rose on both standalone and consolidated bases, but net profit fell year-on-year, indicating pressure from costs, depreciation, or other items captured in the expense lines shown in the quarterly table. The net debt figure (Rs 2,118.34 crore) and the referenced EBITDA margin (21.17% for the previous quarter) provide additional inputs for investors assessing leverage and operating efficiency.

At a business level, the annual mix data highlights the outsized role of Automotive Glass and India in the company’s disclosed contribution breakdown. That makes quarterly execution and cost control particularly important, because even modest margin swings can have a visible impact on earnings when the revenue base is concentrated in a few major drivers.

Conclusion

Asahi India Glass reported Q1 FY27 revenue growth but lower net profit compared with the same quarter last year, across both standalone and consolidated results. The company also set governance milestones, including its 40th AGM on September 10, alongside auditor and board-related updates. The next concrete markers for investors will be subsequent quarterly filings and any further company disclosures tied to the AGM agenda and financial reporting calendar.