Astral Ltd. Results

Q2FY25 Quarterly Result Announced for Astral Ltd.

Plastic Products company Astral announced Q2FY25 results Revenue from operations: Rs 13,704 million compared to Rs 13,630 million during Q2FY24, change 0.5%. EBDITA: Rs 2,189 million compared to Rs 2,335 million during Q2FY24, change -6.3%. EBDITA margin: 16% for Q2FY25. PBT: Rs 1,488 million compared to Rs 1,768 million during Q2FY24, change -15.8%. PBT margin: 10.9% for Q2FY25. PAT: Rs 1,087 million compared to Rs 1,317 million during Q2FY24, change -17.5%, PAT margin: 7.9% for Q2FY25. EPS: Rs 4.10 for Q2FY25.

Q1FY25 Quarterly Result Announced for Astral Ltd.

Plastic Products company Astral announced Q1FY25 results: Revenue from Operations: Rs 13,836 million in Q1FY25, up 7.8% compared to Rs 12,831 million in Q1FY24. EBITDA: Rs 2,263 million in Q1FY25, a 5.9% increase from Rs 2,137 million in Q1FY24. EBITDA margin is 16.4% in Q1FY25, slightly down from 16.7% in Q1FY24. Profit Before Tax (PBT): Rs 1,631 million in Q1FY25, a 0.9% increase from Rs 1,616 million in Q1FY24. PBT margin is 11.8% in Q1FY25, compared to 12.6% in Q1FY24. Profit After Tax (PAT) (Before OCI): Rs 1,195 million in Q1FY25, up 0.2% from Rs 1,193 million in Q1FY24. PAT margin is 8.6% in Q1FY25, down from 9.3% in Q1FY24. Cash Profit: Rs 1,751 million in Q1FY25, reflecting a 5.7% increase from Rs 1,656 million in Q1FY24. Cash profit margin is 12.7% in Q1FY25, compared to 12.9% in Q1FY24. Basic/Diluted EPS: Rs 4.48 in Q1FY25, up 0.4% from Rs 4.46 in Q1FY24. Consolidated cash (including cash equivalents) and bank balances as at June 30, 2024 is Rs. 5,528 million.

Q4FY24 Quarterly & FY24 Annual Result Announced for Astral Ltd.

Plastic Products company Astral announced Q4FY24 & FY24 results: - In the financial year 2023-24, Astral Limited experienced a robust plumbing volume growth of 23.6%. - Consolidated Profit After Tax (PAT) for the company grew by 18.7%, showcasing Astral's ability to enhance profitability. - The company's revenue from operations saw a significant increase, further underlining its strong performance in the market. - The Plumbing Business, including pipes, fittings, water tanks, and bathware, showed a considerable Q4 revenue growth of 22.8% compared to Q3. - Sales in metric tons for the Plumbing Business surged by 26.7% from Q3 to Q4, demonstrating a solid demand for Astral's products. - The Paints and Adhesives Business, encompassing Resinova, Seal It, and Astral Coatings, also reported a healthy growth in revenue and earnings before interest, taxes, depreciation, and amortization (EBIDTA).

Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Astral Ltd.

Plastic Products company Astral announced Q2FY24 & H1FY24 results: Financial Performance 1. Astral Limited reported a 16.3% increase in revenue from operations, reaching Rs 13,630 million in Q2FY24. 2. The company achieved significant growth in EBDITA, with a growth rate of 50.7% and reaching Rs 2,335 million in Q2FY24. 3. Astral's EBDITA margin increased to 17.1% in Q2FY24 from 13.2% in Q2FY23. 4. The Profit Before Tax (PBT) for Q2FY24 was Rs 1,768 million, a 54.5% growth compared to the same period last year. 5. The company's PAT (Profit After Tax) increased by 82.9% in Q2FY24, reaching Rs 1,317 million. 6. Astral Limited recorded a basic/diluted EPS (Earnings Per Share) of Rs 4.88 in Q2FY24. 7. The Board of Directors has approved a payment of an interim dividend of Rs 1.50 per share. (Face value of Re 1/- each). Plumbing Business 1. Astral Limited's Plumbing Business reported a revenue from operations of Rs 9,804 million in Q2FY24, a 17.3% growth compared to the same period last year. 2. The segment EBIDTA for the Plumbing Business reached Rs 1,768 million, showing a growth rate of 57.2% in Q2FY24. 3. Plumbing volume experienced a significant growth of 27.8% in Q2FY24 compared to the same period last year. Paints and Adhesives Business 1. Astral Limited's Paints and Adhesives Business reported revenue from operations of Rs 3,826 million in Q2FY24, a growth of 14.0% compared to the same period last year. 2. The segment EBIDTA for the Paints and Adhesives Business reached Rs 567 million in Q2FY24, showing a growth rate of 33.7%.