Asahi Songwon's quarterly results show robust growth: Revenue ₹189.70 Cr (+25% YoY), EBITDA ₹32.60 Cr (+171% YoY), Net Profit ₹19.03 Cr (+633% YoY). Blue business excelled. Azo faced raw material headwinds, while API saw improved realizations. Focus on deleveraging; no near-term capex.