Astron Paper & Board Mill tumbles on reporting 95% fall in Q4 consolidated net profit
Astron Paper & Board Mill is currently trading at Rs. 40.70, down by 1.95 points or 4.57% from its previous closing of Rs. 42.65 on the BSE.
The scrip opened at Rs. 41.15 and has touched a high and low of Rs. 42.85 and Rs. 40.35 respectively. So far 3031 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.40 on 16-Jul-2021 and a 52 week low of Rs. 32.30 on 04-Mar-2022.
Last one week high and low of the scrip stood at Rs. 44.05 and Rs. 40.35 respectively. The current market cap of the company is Rs. 189.02 crore.
The promoters holding in the company stood at 27.06%, while Institutions and Non-Institutions held 0.05% and 72.89% respectively.
Astron Paper & Board Mill has reported a fall of 87.52% in its net profit at Rs 0.83 crore for the quarter ended March 31, 2022 as compared to Rs 6.65 crore for the same quarter in the previous year. Total income of the company decreased by 1.74% at Rs 143.86 crore for Q4FY22 as compared Rs 146.41 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 95.29% in its net profit at Rs 0.32 crore for the quarter ended March 31, 2022 as compared to Rs 6.80 crore for the same quarter in the previous year. Total income of the company decreased by 1.27% at Rs 143.69 crore for Q4FY22 as compared Rs 145.54 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a fall of 8.79% in its net profit at Rs 8.82 crore as compared to Rs 9.67 crore for the previous year. However, total income of the company increased by 17.37% at Rs 514.49 crore for year under review as compared to Rs 438.34 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 19.20% in its net profit at Rs 8.25 crore as compared to Rs 10.21 crore for the previous year. However, total income of the company increased by 17.60% at Rs 514.01 crore for year under review as compared to Rs 437.07 crore for year ended March 31, 2021.