Astral Ltd witnessed a positive market response as its shares surged nearly 4% today, following the release of its Q3 FY25 results. The company reported a 0.4% year-on-year increase in net profit, reaching ₹114 crore compared to ₹113.5 crore in Q3 FY24. Its revenue grew 2%, amounting to ₹1,397 crore for the quarter, driven by consistent performance across its building materials segments, including pipes, adhesives, sanitaryware, and paints.
Astral’s EBITDA increased by 7%, standing at ₹219.5 crore compared to ₹205 crore a year ago, reflecting improved operational efficiency. The company’s EBITDA margin also rose to 15.7% from 15% in the corresponding quarter last year.
Stock Performance:
Astral’s shares are trading at ₹1,520.25, up 3.58%. The stock opened at ₹1,478.05 and reached a day high of ₹1,531. Its market capitalization stands at ₹408.53 billion, with a 52-week range of ₹1,426.35 to ₹2,454. The company’s positive market performance highlights investor optimism following its stable quarterly earnings.
Disclaimer
The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
