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Shares of Astral Poly Technik advanced 5 per cent to Rs 2,332 on the BSE in Monday s intra-day trade after the company said it has fixed March 19 as the record date for the 1:3 bonus share issue. The stock of the plastic products manufacture surpassed its previous high of Rs 2,249.95 touched on March 2. “The company has fixed Friday, March 19, 2021, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus equity shares in the proportion of 1 equity share of Re 1 each for every 3 existing equity shares of Re 1 each, subject to the approval of shareholders which is being obtained through postal ballot,” Astral Poly Technik said in an exchange filing. ....
Astral Poly Technik s consolidated net profit jumped 82.5% to Rs 123.90 crore on 35.1% increase in net sales to Rs 897.50 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) soared 89.2% to Rs 165.20 crore in Q3 December 2020 as against Rs 87.30 crore in Q3 December 2019. Tax expense for the quarter surged 112.9% to Rs 41.30 crore as against Rs 19.40 crore in Q3 December 2019. The Q3 result was declared post trading hours yesterday, 3 February 2021. Consolidated EBITDA grew 64.36% to Rs 196.90 crore in Q3 December 2020 over Rs 119.80 crore in Q3 December 2019. Consolidated EBITDA margin improved to 21.94% in Q3 FY21 as against 18.04% in Q3 FY20. Consolidated profit margin was at 13.81% in Q3 FY21 as compared to 10.22% in Q3 FY20. ....