Atul Ltd Reports Consolidated Earnings Results for the Year Ended March 31, 2019
June 26, 2019 at 04:14 am EDT
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Atul Ltd. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported revenue from operations of INR 40,378.1 million as compared to INR 33,379.2 million for the same period last year. Total income was INR 40,726.7 million as compared to INR 33,638.3 million for the same period last year. Profit for the year was INR 4,360.2 million as compared to INR 2,812.4 million for the same period last year. Basic and diluted earnings per share was INR 147.00 as compared to INR 94.82 for the same period 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 to 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, fungicides and herbicides. 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.