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Q3FY22 Quarterly Result Announced for Astral Ltd.

Plastic Products company Astral declares Q3FY22 result: Astral Limited delivers Consolidated top line and PAT growth of 44% and 49% respectively for 9M F.Y. 2021-22 During the last quarter October was excellent but post Diwali due to Extended Rain, Construction Ban in some geography, Increase in covid cases (3rd Wave) & High Fluctuations in the PVC price resulted in dealers destocking the material and went for light inventory. We are of the view that now PVC prices are trying to settle down and there is substantial Reductions in Covid Cases, lifting of ban on construction activities and Closure of Monsoon season in the country these all will support the demand environment in coming months. Consolidated cash and bank balances as at December 31, 2021 is Rs. 3,110 Million. Result PDF
07-02-2022

Earnings Call for Q3FY22 of Astral Ltd

Conference Call with Astral Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.
04-02-2022
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