Astral Limited, a leading manufacturer and marketer of piping systems, has announced its unaudited financial results for the third quarter and the nine-month period ending December 31, 2024. The company reported significant growth across key financial metrics, further solidifying its position in the market.
Quarterly Results (Q3FY25):
- Revenue from operations: ₹127.05 crore, a 12% increase compared to ₹124.29 crore in the same period last year.
- Net profit: ₹12.59 crore, a 5% increase year-on-year.
- Cost of materials consumed: ₹78.35 crore for the quarter, representing a significant portion of operating expenses.
- Employee benefits expense: ₹10.12 crore, up from ₹8.85 crore last year.
Nine-Month Results (FY25):
- Revenue from operations: ₹375.36 crore, a modest 1.1% increase from ₹361.53 crore in the same period last year.
- Net profit: ₹37.63 crore, up by 2.5% from ₹36.73 crore in the previous year.
- Earnings per share (EPS): ₹14.01.
Continued International Expansion:
- Consolidated revenue: ₹139.70 crore for Q3, with a net profit of ₹11.26 crore.
- Total comprehensive income: ₹10.49 crore, reflecting the positive impact of international expansion.
Astral Limited’s financial results for both standalone and consolidated operations have been reviewed and approved by the Board of Directors and reviewed by independent auditors, SR BC & Co LLP. The auditors’ reports have confirmed that the financial statements are in compliance with the recognition and measurement principles prescribed under Indian Accounting Standards (Ind AS), and no material misstatements were noted.
With a solid financial performance in the first nine months of FY 2024-25, Astral Limited remains optimistic about the future. The company is focusing on strategic investments, new product launches, and further expansion into international markets to sustain its growth momentum.
Astral’s Chairman and Managing Director expressed confidence in achieving its financial targets for the full fiscal year, supported by its ongoing investments in innovation, supply chain improvements, and expansion strategies.
