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AlphaStreet Analysis

Astral Limited Q3FY23; 26% Fall in Profits

Astral Ltd.‘s revenue in Q3FY23 rose 15% to ₹ 12,678 millions. Consolidated Profit After Tax came at ₹ 949 millions showcasing a 26% fall on an YoY basis. In this quarter’s results, the reports suggested that the fall in profits are due to a 21% YoY rise in expenses.

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