Earnings Review
Plumbing segment pulls Astral's Q1 PAT, sales down on year
This story was originally published at 16:53 IST on 11 August 2025
Register to read our real-time news.Informist, Monday, Aug. 11, 2025
Please click here to read all liners published on this story
--Astral Apr-Jun consol net profit INR 811 mln vs INR 1.20 bln year ago
--Analysts saw Astral Apr-Jun consol net profit at INR 1.27 bln
--Astral Apr-Jun consol revenue INR 13.61 bln vs INR 13.84 bln year ago
--Astral Q1 consol plumbing revenue INR 9.54 bln vs INR 10.13 bln year ago
--Astral Q1 consol paints, adhesives revenue INR 4.07 bln vs INR 3.70 bln
NEW DELHI – Astral Ltd. Monday posted lower-than-expected earnings for the June quarter owing to the weak on-year performance of the plumbing segment, which accounts for around three-fourths of the company's top line. Further, Astral's total expenses rose marginally on year during Apr-Jun while revenue declined for the first time in 20 quarters. Astral's bottom-line performance was the weakest in 11 quarters on a year-on-year basis.
The pipes and adhesives manufacturer reported a consolidated net profit of INR 811.0 million for the June quarter, down nearly 33% on year and almost 55% sequentially. Analysts had expected the company to report a bottom line of INR 1.27 billion. Its consolidated revenue from operations declined at a slower pace of 2% on year to INR 13.61 billion, but this figure was also lower than the INR 14.81 billion expected by analysts. Sequentially, the top line was down 19%. More
To read more please subscribe
Share this Story:
