Astral Limited — Updates, 30-01-2025: Press Release

Astral Limited reported a consolidated revenue increase of 2% for Q3 FY 2024-25, totaling ₹13,970 million, and a 3.4% growth for the nine months, reaching ₹41,510 million. EBITDA improved by 9.3% this quarter to ₹2,312 million, with a margin increase to 16.5%. However, profit before tax (PBT) showed slight growth of 0.2%, reaching ₹1,542 million, while profit after tax (PAT) declined by 0.6% to ₹1,126 million compared to the previous year.

The plumbing business generated revenues of ₹9,901 million, a minor year-over-year decrease of 0.8%. In contrast, the paints and adhesives segment saw revenue growth of 9.4%, totalling ₹4,069 million. Noteworthy developments include increased plumbing production capacity, successful product introductions, and new certifications, providing a positive outlook for future growth. The company’s cash position remains strong at ₹2,903 million. Investors should monitor the ongoing performance amid a challenging demand environment, as capacity additions and new product launches may drive future gains.