Press Releases – Astral Pipes

Astral consolidated net profit declines 50.14% in the September 2022 quarter

18 Nov 2022

Sales decline 2.36% to Rs 1171.60 crore Net profit of Astral declined 50.14% to Rs 70.40 crore in the quarter ended September 2022 as against Rs 141.20 crore during the previous quarter ended September 2021. Sales declined 2.36% to Rs 1171.60 crore in the quarter ended September 2022 as against Rs 1199.90 crore during the previous quarter ended September 2021. ParticularsQuarter EndedSep. 2022Sep. 2021% Var.Sales1171.601199.90 -2 OPM %12.2917.63 -PBDT143.50218.40 -34 PBT98.70187.00 -47 NP70.40141.20 -50

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Allu Arjun shows Astral’s strength in Pushpa style in new ad

19 Sep 2022

Astral Pipes has announced its first television ad campaign with actor Allu Arjun for the Southern Markets.

Astral ropes in film star Allu Arjun to strengthen southern markets.

26 May 2022

Building materials player Astral Limited has roped in film star Allu Arjun as the brand ambassador for its pipes and water tank businesses.

Astral Limited posts 24% growth in Q3 net sales

16 Feb 2022

CPVC Pipes and Fittings manufacturer, Astral Limited posted 23% growth in its net sales in the third quarter of 2021-22. The company’s net sales stood at Rs 857 crore in December 2021 up 23.65% from Rs 693.1 crore in December 2020 said the company in a statement of its financial results on Friday.

Astral enters faucets and sanitaryware segment in India - The Economic Times

22 Oct 2021

Astral Limited said it has entered into the new business vertical of faucets and sanitaryware as a part of its growth strategy to leverage the brand and distribution muscle. The company has a network of more than 33,000 dealers in pipes and more than 130,000 dealers in adhesives and sealant vertical across the country.

Astral Ltd. long-term bank facilities receives upgraded ratings by CRISIL – HKG Daily New, Indias No. 1 Online News Portal in India- HKGDailyNews.com

14 Oct 2021

Long-term bank facilities is upgraded to ‘CRISIL AA/Stable’ from ‘CRISIL AA-/Positive’ Mumbai/Ahmedabad: Astral Limited (Astral; erstwhile Astral Poly Technik Ltd