Astral Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Astral Limited has announced a board meeting outcome approving the consolidated financial results for the quarter and half-year. The company posted revenue of Rs. 5,832.4 Cr and net profit of Rs. 519 Cr for the year, driven by strong growth in Plumbing and Paints & Adhesives segments with healthy EBITDA margins. A final dividend of Rs. 2.25 per share was declared. Leadership moves include re-appointing Girish Joshi as Whole Time Director for four years from April 2026 and appointing Monica Kanuga as Secretarial Auditor for five years. Astral also completed 100% acquisition of Al-Aziz Plastics, boosting its footprint in electrofusion and irrigation fittings.