Asahi India Glass (ASAHI) is the largest integrated glass company in India, manufacturing a wide range of international quality automotive safety glass, float glass, architectural processed glass and glass products. Promoted by Asahi Glass Company of Japan, Maruti Udyog, The Indo-Asahi Glass Co., and R.M. Labroo & Associates in 1985, the chairman is B.M. Labroo and Sanjay Labroo is the CEO and managing director of the company. The company has products like float glass tempered glass, ceramic printed glass, heat soaked glass, PVB laminated glass, and insulated glass units. It operates under the three strategic business units of AIS Auto Glass, AIS Float Glass and AIS Glass Solutions. AIS Auto Glass is India`s largest manufacturer of world class automotive safety glass and meets over 81% automotive glass requirement of the Indian passenger car industry.
AIS Float Glass is the leading manufacturer of international quality float glass in the country. AIS Glass Solutions is a value addition in the architectural glass business of the company addressing architectural processing and glass solutions, product and knowledge development and glass services of sales and marketing. The company has manufacturing units in Taloja, Rewari, Chennai and Roorkee. Business partners include Ozone (glass fittings); Continuum Systems and Environmental Designs Solutions (software solutions), Dupont and Solutia Chemicals (laminated solutions). In 2006, it received the Supplier Performance award for Best Performance in Quality from Mahindra & Mahindra. The registered office is at 12, Basant Lok, New Delhi-110057 and corporate office at Global Business Park, Tower-B, 5th Floor, Mehrauli Gurgaon Road, Gurgaon-122002, Haryana.
Financials
The company announced fall of 70.19% in consolidated net profit on y-o-y basis to Rs 28.20 million, while total income climbed 24.32% y-o-y basis to Rs 4.37 billion for the quarter ended March 2011.
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