Atul Ltd. Reports Un-Audited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
January 27, 2012 at 01:59 pm IST
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Atul Ltd. reported un-audited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported total net sales of INR 4,616.6 million compared to INR 4,124.6 million, profit from operations before other income, interest and exceptional items of INR 543.6 million compared to INR 497.3 million, profit from ordinary activities before tax of INR 386.2 million compared to INR 419.4 million and net profit of INR 257.6 million or INR 8.69 per basic and diluted share compared to INR 279.9 million or INR 9.44 per basic and diluted share for the last year.
For the nine months, the company reported total net sales of INR 13,378.6 million compared to INR 11,411.2 million, profit from operations before other income, interest and exceptional items of INR 12,080.5 million compared to INR 10,126.3 million, profit from ordinary activities before tax of INR 855.0 million compared to INR 1,138.5 million and net profit of INR 602.9 million or INR 20.33 per basic and diluted share compared to INR 774.7 million or INR 26.12 per basic and diluted share for the last year.
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 
