Asahi India Glass Approves Rs 2000 Cr Capex for Expansion; Q3 Results Show Growth
Asahi India Glass approved unaudited Q3 FY26 results. The company approved a capex of up to ₹2000 crores for future expansions in float, coatings, and processing businesses. Expansions in automotive and architectural segments are progressing well.
The approval of a substantial capex of ₹2000 crores for capacity expansion is a significant strategic move that will likely have a high impact on the company's future growth and market position.
The company reported better-than-budgeted performance and approved significant future capex, indicating positive future growth prospects.
Asahi India Glass Limited announced the outcome of its Board Meeting held on January 30, 2026. The Board approved unaudited financial results for the third quarter and nine months ended December 31, 2025, noting better-than-budgeted performance in automotive and architectural segments.
The company's significant localization project, the third float glass plant in Soniyana, Rajasthan, has stabilized and is fully utilized. Expansions at the Patan plant (automotive glass) and the south plant (windows business) are progressing satisfactorily.
Furthering its integrated value-added strategy, the Board has approved a capital expenditure (capex) of up to ₹2000 crores for new green-field capacity expansions in float, coatings, and processing businesses. The Board meeting commenced at 11:00 a.m. and concluded at 3:15 p.m.
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