Asahi India Glass Limited (AIS) announced its unaudited consolidated financial results for the quarter and half year ended September 30, 2026. The company reported a record-breaking second quarter of FY27, with total income increasing by 36.9% YoY to ₹1,591.0 crore. EBITDA saw a substantial jump of 76.4% YoY to ₹351.4 crore. For the half-year period (H1 FY27), total income grew 25.3% YoY to ₹3,010.1 crore, with EBITDA rising 69.5% YoY to ₹682.0 crore.
Asahi India Glass Reports Strong Q2 FY27 Performance
Asahi India Glass Limited (AIS), a leading value-added and integrated glass solutions company, has announced its unaudited financial results for the second quarter and the first half of the financial year 2026-27, ending September 30, 2026. The company achieved its best-ever quarter in terms of financial performance, driven by robust growth across its business segments.
Q2 FY27 Financial Highlights
For the quarter ended September 30, 2026, AIS reported a significant 36.9% year-on-year (YoY) growth in total income, reaching ₹1,591.0 crore, compared to ₹1,162.2 crore in Q2 FY26. EBITDA for the quarter surged by 76.4% YoY to ₹351.4 crore from ₹199.2 crore in the corresponding period last year. EBITDA margins expanded to 22.1% from 17.1% in Q2 FY26. Profit After Tax (PAT) also showed substantial growth, increasing by 187.5% YoY to ₹167.3 crore, with PAT margins steady at 10.5%.
H1 FY27 Performance Overview
In the first half of FY27 (H1 FY27), Asahi India Glass continued its strong growth trajectory. Total income grew by 25.3% YoY to ₹3,010.1 crore compared to ₹2,401.7 crore in H1 FY26. EBITDA for H1 FY27 rose by 69.5% YoY to ₹682.0 crore, up from ₹402.3 crore in the prior year’s period. The company maintained healthy profitability with EBITDA margins at 22.7% and PAT margins at 10.5%.
Segmental Revenue Growth
The Automotive Glass segment revenue saw a 30.8% YoY growth, reaching ₹1,065.9 crore in Q2 FY27, driven by higher volumes due to robust passenger vehicle demand. The Float Glass segment experienced a remarkable 58.4% YoY growth, with revenue at ₹608.1 crore, attributed to improved realisations and operational efficiencies. The Others segment also contributed with a 29.8% YoY growth in revenue to ₹244.3 crore.
Key Operational Highlights
During Q2 FY27, AIS stabilized 12 new automotive models and ramped up new Phase 3 tempered operations at Patan and expanded laminated capacities at the Chennai plant. The company highlighted that COGS, including energy costs, remained elevated but was partially mitigated by renewable energy procurement and operational efficiencies. Management commentary emphasized the company’s sustained strategy of value addition and integration as key drivers of its healthy financial performance amidst global uncertainties.
Source: BSE
