StocksMedium•6 November 2026•
1 min read
Astral Shares Tumble 12% Following Q2 Net Profit Decline
Key Facts
1Astral's consolidated net profit fell 5.6% year-on-year to ₹127.30 crore in the second quarter.
2Revenue from operations rose 26% to ₹1,988.30 crore, while EBITDA increased by only 1.5%.
Astral's consolidated net profit fell 5.6% year-on-year to ₹127.30 crore in the second quarter ending September 2026. Business Standard reported that the company's share price dropped over 12% during intraday trading following the release of financial results that highlighted significant margin pressure.
Revenue from operations rose 26% to ₹1,988.30 crore, but EBITDA increased by only 1.5% to ₹272.30 crore. According to a company filing, the Paints and Adhesives business posted a 19.2% decline in EBITDA, contributing to the stock hitting a 52-week low of ₹1,215.50 during the November 6, 2026, session.