Astral Ltd: Q1FY24 Result Update
19-08-2023

Particulars

Q1FY24

YoY Trend

Comments

Revenue

1,283

+6%

Driven by pipes/adhesives segments growing ~6%/9%

EBITDA

202

+18%

 

EBITDA Margin

16%

+200 bps

driven by lower raw material  costs.

PAT

119

+37%

 

Healthy performance, with management guidance that PVC/CPVC prices have stabilised and that profitability is expected to improve going forward.

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