'Astral
consolidated net sales increased 8.08% to Rs 1370.2 crore during Q3FY24
compared to Q3FY23. Sales of Plumbing
segment rose 7.12% to Rs 998.10 crore (accounting for 72.84% of total sales). Sales of Paints and Adhesives segment has
gone up 10.74% to Rs 372.10 crore (accounting for 27.16% of total sales).
Profit
before interest, tax and other unallocable items (PBIT) has jumped 12.29% to Rs
161.70 crore.
PBIT of Plumbing segment
rose 15.26% to Rs 128.40 crore (accounting for 79.41% of total PBIT). PBIT of Paints and Adhesives segment rose
2.15% to Rs 33.30 crore (accounting for 20.59% of total PBIT).
PBIT
margin of Plumbing segment rose from 11.96% to 12.86%.
PBIT margin of Paints and Adhesives segment
fell from 9.70% to 8.95%. Overall PBIT
margin rose from 1...
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