Shares of Astral Ltd will be in focus on May 22 as the piping and adhesive solutions company reported a mixed set of Q4 FY25 numbers, with stable margins but a slight decline in profitability.
Astral posted a 1.3% year-on-year drop in net profit at ₹179.3 crore, compared to ₹181.6 crore in the same quarter last year. However, revenue rose 3.5% YoY to ₹1,681.4 crore from ₹1,625 crore. The company maintained its EBITDA margin at 18.5%, even after absorbing inventory losses due to falling PVC prices.
Ahead of the results, Astral’s stock ended 1.23% higher at ₹1,382.00 on May 21. The stock opened at ₹1,376 and touched an intraday high of ₹1,384.60. It had previously closed at ₹1,365.20.
With margins showing resilience despite headwinds, the market will watch closely how investors respond to the company’s Q4 performance today.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making any investment decisions.
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