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19-Oct-2023

Astral

Strong operating performance


'Consolidated net sales (including other operating income) of Astral has increased 16.34% to Rs 1363 crore.  Sales of Plumbing segment rose 17.26% to Rs 980.40 crore (accounting for 71.93% of total sales).  Sales of Paints and Adhesives segment has gone up 14.04% to Rs 382.60 crore (accounting for 28.07% of total sales). 

Profit before interest, tax and other unallocable items (PBIT) has jumped 65.55% to Rs 177.80 crore.  PBIT of Plumbing segment rose 66.83% to Rs 139.80 crore (accounting for 78.63% of total PBIT).  PBIT of Paints and Adhesives segment rose 61.02% to Rs 38.00 crore (accounting for 21.37% of total PBIT). 

PBIT margin of Plumbing segment rose from 10.02% to 14.26%.  PBIT margin of Paints and Adhesives segment rose from 7.03% to 9.93%.  Overall PBIT margin r...



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