Astral Limited, a leading manufacturer of CPVC pipes and fittings, has announced a 20.6% growth in plumbing volume for the second quarter of the fiscal year 2025-26, which ended on September 30, 2025. In its latest financial results, the company reported a 22.5% increase in consolidated EBITDA, reflecting strong operational performance despite challenging market conditions. The firm's revenue from operations for Q2 reached Rs. 15,774 million, up 15.1% year-over-year, driven primarily by its plumbing business, which saw revenues rise to Rs. 11,186 million.

The results indicate that Astral has successfully expanded its market share in value-added products, achieving a 15.7% growth in plumbing revenue during the first half of FY 2025-26. The overall demand for the polymer industry remained weak, with average PVC prices dropping 10.6% year-over-year. Nevertheless, Astral managed to report a 20% EBITDA growth in its plumbing segment, showcasing its resilience and strategic positioning. Additionally, the company's bathware business also performed well, generating sales of Rs. 329 million in Q2, representing a 13.8% increase from the previous year.

To support its growth ambitions, Astral has increased its plumbing production capacity and commenced commercial production at its new Kanpur plant, expected to enhance sales volumes in northern markets. The company also announced an interim dividend of Rs. 1.50 per share, reflecting its commitment to returning value to shareholders. As of September 30, 2025, Astral's consolidated cash and bank balances stood at Rs. 5,552 million, providing a solid foundation for future investments and growth initiatives.