Astral Limited — Updates, 21-05-2025: Press Release
21-05-2025 | 04:51 pm
21-05-2025 | 04:51 pm
Astral Limited posted 3.4% growth in consolidated revenue and plumbing volumes despite weaker polymer demand and an 18% PVC price drop. EBITDA rose 2.8% with stable margins. Plumbing revenue grew 1.3%, led by a 51% jump in bathware sales and Hyderabad capacity expansion, boosting EBITDA by 4.6%. Paints and Adhesives revenue increased 9.1%, though EBITDA dipped slightly. New in-house SWR fittings and channel drain production started. Post-period, Astral acquired Al-Aziz Plastics for Rs. 33 Cr to expand its product portfolio.
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