"Astral’s profits dipped 33%—but the stock still rose. What’s the catch?"

📉 Financial Performance - Net Profit: ₹81 crore, down 32.7% YoY from ₹120 crore in Q1 FY25 - Revenue from Operations: ₹1,361.2 crore, a 1.6% decline YoY - EBITDA: ₹185 crore, down 13.8% YoY from ₹214.4 crore - EBITDA Margin: Dropped to 13.6% from 15.5% in the same quarter last year 📊 Market Reaction - Stock Price Movement: Closed at ₹1,382.25 on BSE, up ₹6.95 or 0.51% after results were announced 🧾 Observations - The decline in profitability was attributed to volatile raw material prices and higher brand-building expenses - Despite the dip in revenue and margins, Astral maintained its volume growth guidance of over 15% 🎯 Major Support at Rs. 1300 🎯 Major Resistance at Rs. 1400 & 1500