iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Astral Q4 PAT falls 19% YoY to Rs 141 cr

30 May 2022 , 11:54 AM

Profit before tax slumped 15.5% to Rs 193.30 crore in Q4 FY22 from Rs 228.80 crore recorded in Q4 FY21. Consolidated EBITDA fell 10.76% to Rs 2,313 crore in Q4 FY22 from Rs 2,592 crore posted in Q4 FY21. EBITDA margin declined to 16.63% in Q4 FY22 from 23% posted in the same quarter last year. On full year basis, the company reported 20.1% rise in consolidated net profit to Rs 490.4 crore on a 38.3% increase in net sales to Rs 4394 crore in the financial year ended 31 March 2022 over the financial year ended 31 March 2021. The company said it is planning to launch faucets and sanitaryware range of products on 10 June 2022. The management estimates that newly launched products and segments like tanks, drain-pro, ball-valve, sanitaryware and faucets and paint business will be able to generate revenue of Rs 1,500 crore over next 5 years. The companys cash and bank balances as of 31 March 2022 stood at Rs 641.7 crore. Meanwhile, the companys board recommended a final dividend of Rs 1.75 per share for the financial year ended 31 March 2022. Astral is engaged in the business of manufacturing and trading of pipes, fittings and adhesive solutions. Shares of Astral were trading 1.04% higher at Rs 1,708.45 on the BSE. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.