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18-May-2024

Astral

Hyderabad plant will be operational by end of June 2024


'Consolidated net sales (including other operating income) of Astral has increased 7.89% to Rs 1625.1 crore.  Sales of Plumbing segment rose 9.05% to Rs 1,225.20 crore (accounting for 75.39% of total sales).  Sales of Paints and Adhesives segment has gone up 4.49% to Rs 399.90 crore (accounting for 24.61% of total sales). 

Profit before interest, tax and other unallocable items (PBIT) has slumped 8.86% to Rs 244.80 crore.  PBIT of Plumssbing segment fell 5.01% to Rs 210.40 crore (accounting for 85.95% of total PBIT).  PBIT of Paints and Adhesives segment fell 26.96% to Rs 34.40 crore (accounting for 14.05% of total PBIT). 

PBIT margin of Plumbing segment fell from 19.72% to 17.17%.  PBIT margin of Paints and Adhesives segment fell from 12.31% to 8.60%.  Overall PBIT margi...



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