Atul Ltd Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 24, 2020 at 01:40 pm IST
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Atul Ltd. announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 10,529.1 million compared to INR 10,273.1 million a year ago. Net income was INR 1,689.1 million compared to INR 1,170.4 million a year ago. Basic earnings per share was INR 56.95 compared to INR 39.46 a year ago. For the nine months, total revenue was INR 31,700.8 million compared to INR 30,104.1 million a year ago. Net income was INR 5,252.1 million compared to INR 3,206.7 million a year ago. Basic earnings per share was INR 177.07 compared to INR 108.11 a year ago.
Atul Ltd is an India-based company, which is in the business of life science chemicals and performance, and other chemicals. It serves various industries across the world, such as adhesives, agriculture, animal feed, automobile, composites, construction, cosmetic, defense, dyestuff, electrical and electronics, flavor, food, footwear, fragrance, glass, home care, horticulture, hospitality, paint and coatings, paper, personal care, pharmaceutical, plastic, polymer, rubber, soap and detergent, sport and leisure, textile, tire, and wind energy. It operates through three segments: Life Science Chemicals, Performance and Other Chemicals, and Others. Its Life Science Chemicals segment offers active pharmaceutical ingredients (APIs), API intermediates, crop protection chemicals. Its Performance and Other Chemicals segment offers adhesion promoters, bulk chemicals, epoxy resins and hardeners, intermediates, and textile dyes. Its Others segment offers agribiotech, food products and services.
ATUL LTD 
