Asahi India Glass (AISG)’s Q2FY24 EBITDAM, at 17.1%, slid 290bps QoQ on the back of import volumes intensifying in the architectural segment, which in turn impaired pricing power for domestic manufacturers such as AISG. The auto segment saw a one-off cost escalation stemming from a surge in demand – expected to rebound to the levels of ~13-14% next quarter onwards.