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AIS Unaudited financial results for the first quarter
AIS Unaudited Financial Results For The First Quarter. India’s leading integrated glass Company announced its unaudited financial results for the first quarter ended 30th June, 2015 at its Board Meeting held today.
Mumbai: India’s leading integrated glass Company announced its unaudited financial results for the first quarter ended 30th June, 2015 at its Board Meeting held today.
The consolidated financial performance highlights for the quarter ended 30th June, 2015 are as follows –
- Net sales at Rs. 533.44 crores, reflected an increase of 1.40% over the previous period (Rs. 526.08 crores)
- Total income from operations at Rs. 536.99 crores increased by 1.47% over the corresponding figure of the previous period of Rs. 529.21 crores.
- Operating Earnings before exchange loss/(gain), Interest, Depreciation, Taxes and Amortisation (Operating EBIDTA) reached Rs. 105.94 crores registering an increase of 50.23% over the corresponding figure of Rs. 70.52 crores for the previous period.
- Cash profit stands at Rs. 57.92 crores as against the corresponding figure of Rs. 28.21 crores in the previous period registering an increase of 105.32%.
- Profit before Tax for the first quarter ended 30th June, 2015 was recorded at Rs. 30.73 crores as against the loss of Rs. 6.94 crores in the previous period recording an increase of 542.80%.
- Profit after Tax for the first quarter ended 30th June, 2015 recorded an increase of 468.79% at Rs. 19.14 crores as against loss of Rs. 5.19 crores against the previous period.
The table below gives the details of the financial performance both on standalone and consolidated basis – AIS – Financial Results for the first quarter ended 30th June, 2015
| (Rs. Lakhs)
| |||||||||
| Particulars | (Standalone) | (Consolidated) | |||||||
| 2015 | 2014 | Change (%) | 2015 | 2014 | Change (%) | ||||
| Net Sales | 52,613 | 51,713 | 1.74 | 53,344 | 52,608 | 1.40 | |||
| Operating EBIDTA* | 10,756 | 7,078 | 51.96 | 10,594 | 7,052 | 50.23 | |||
| Cash Profit / (Loss) | 5,961 | 2,849 | 109.23 | 5,792 | 2,821 | 105.32 | |||
| Profit/(Loss) Before Tax | 3,347 | (517) | 747.39 | 3,073 | (694) | 542.80 | |||
| Profit/(Loss) after Tax | 2,188 | (342) | 739.77 | 1,914 | (519) | 468.79 | |||
Speaking about the performance of AIS, Mr. Sanjay Labroo, MD & C.E.O., AIS said - "We are fairly satisfied with the improvement in operational and financial performance of first quarter. It is an outcome of our firm belief in AIS business model and our consistent and relentless efforts of last 2 years. The favourable macro definitely helped too.
While we hope this is the beginning of a virtuous cycle, we remain alert to the volatility in the global impact which affects our business through commodity prices, exchange rate, and interest rates. We hope the current momentum is kept up."
