Astral Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Astral Ltd reported a 2.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 2.3%.
- Its expenses for the quarter were up by 2.0% QoQ and 2.6% YoY.
- The net profit increased 3.6% QoQ and decreased 0.6% YoY.
- The earnings per share (EPS) of Astral Ltd stood at 4.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1408.80 | 1379.20 | 1376.60 | 2.1% | 2.3% |
Total Expenses | 1254.50 | 1230.40 | 1222.70 | 2.0% | 2.6% |
Profit Before Tax | 154.30 | 148.80 | 153.90 | 3.7% | 0.3% |
Tax | 41.60 | 40.10 | 40.60 | 3.7% | 2.5% |
Profit After Tax | 112.60 | 108.70 | 113.30 | 3.6% | -0.6% |
Earnings Per Share | 4.30 | 4.10 | 4.20 | 4.9% | 2.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Astral Ltd is a prominent company known for its operations in the industrial sector, particularly focusing on manufacturing and supplying high-quality piping systems and related products. The company has established itself as a key player in the infrastructure, agriculture, and residential construction markets. Astral Ltd is recognized for its innovation and strong market presence, which is bolstered by a wide range of products that cater to diverse customer needs. In recent years, the company has continued to expand its product offerings and enhance its distribution network to strengthen its market position and drive growth.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Astral Ltd reported a total income of ₹1408.80 crores. This represents a quarter-over-quarter (QoQ) increase of 2.1% from ₹1379.20 crores in Q2FY25. On a year-over-year (YoY) basis, the total income saw a growth of 2.3% from ₹1376.60 crores in Q3FY24. The steady rise in total income reflects the company's continued ability to generate revenue across its product lines. The consistent growth suggests that the company is effectively capturing market demand and possibly leveraging its operational efficiencies to sustain its revenue trajectory.
Profitability
Astral Ltd's profitability metrics for Q3FY25 indicate a positive quarter for the company. The Profit Before Tax (PBT) stood at ₹154.30 crores, marking a 3.7% increase QoQ from ₹148.80 crores in the previous quarter. The YoY growth for PBT was marginal at 0.3% compared to ₹153.90 crores in Q3FY24. The company incurred taxes amounting to ₹41.60 crores, reflecting a QoQ increase of 3.7% and a YoY increase of 2.5%. The Profit After Tax (PAT) for the quarter was ₹112.60 crores, showing a QoQ rise of 3.6% from ₹108.70 crores in Q2FY25 but a slight YoY decline of 0.6% from ₹113.30 crores in Q3FY24. Earnings per Share (EPS) improved to ₹4.30, up 4.9% QoQ and 2.4% YoY, indicating stable earnings performance.
Operating Metrics
Astral Ltd's operating expenses for Q3FY25 were reported at ₹1254.50 crores, which is a 2.0% increase QoQ from ₹1230.40 crores in Q2FY25 and a 2.6% increase YoY from ₹1222.70 crores in Q3FY24. This increase in expenses is aligned with the growth in total income, suggesting effective cost management by the company to maintain its profit margins. The company's efficiency in managing its expenses relative to its income indicates a focus on operational stability. The modest increases in both income and expenses demonstrate a balanced approach in the company's operational strategy, reflecting its efforts to optimize performance while maintaining growth.
