By: ICN Bureau
Last updated : August 03, 2025 8:40 pm
Asahi Songwon Colors has reported total income of Rs. 151.33 crores during the period ended June 30, 2025
Asahi Songwon Colors Limited has reported Consolidated financial results for the period ended June 30, 2025.
Asahi Songwon Colors has posted net profit of Rs. 3.16 crores for the period ended June 30, 2025 as against net profit of Rs. 7.64 crores for the period ended March 31, 2025. The company has posted net profit of Rs. 5.17 crores for the period ended June 30, 2024.
Asahi Songwon Colors has reported total income of Rs. 151.33 crores during the period ended June 30, 2025 as compared to Rs. 153.36 crores during the period ended March 31, 2025. The company reported total income of Rs. 135.05 crores during the period ended June 30, 2024.
Commenting on the Q1FY26 performance, Gokul Jaykrishna, Joint Managing Director and CEO, said, “Our Blue Business (phthalocyanine pigments) recorded a subdued performance in Q1FY26. After a strong run in the previous quarters and a solid start to Q1, we saw a sharp decline in demand in the latter half of the quarter, impacting both sales and realisations, and consequently, profitability. The operating environment for pigments remains challenging, and we anticipate that business momentum will remain muted in the second quarter as well. However, we are confident of a strong recovery in the second half of the financial year, supported by our robust business fundamentals and continued engagement with key customers. Our focus remains on operational efficiency and market responsiveness to quickly capitalise on demand revival when conditions improve.”
Arjun G. Jaykrishna, Executive Director, commented, “Our Azo business remains on a steady trajectory and has now reached a scale where we can accelerate progress. We are confident of a stronger performance in the coming quarters, with further improvements expected as the year advances The API business, however, continues to face a challenging environment. Since acquiring Atlas, key product realisations have declined, resulting in a stagnant topline despite higher volumes versus previous years. This, combined with underutilised capacity at our Chhatral facility and higher plant expenses without corresponding revenue growth, has impacted profitability. Encouragingly, we believe realisations have bottomed out, and recent shutdowns by smaller players have improved the demand-supply balance. This should support better realisations going forward.”