Atul Ltd Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
April 26, 2022 at 04:32 am EDT
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Atul Ltd reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 13,704.2 million compared to INR 11,159.3 million a year ago. Revenue was INR 13,926.4 million compared to INR 11,345.6 million a year ago. Net income was INR 1,362.6 million compared to INR 1,750.5 million a year ago. Basic earnings per share from continuing operations was INR 46.05 compared to INR 59.04 a year ago.
For the full year, sales was INR 50,808.9 million compared to INR 37,314.7 million a year ago. Revenue was INR 51,568.9 million compared to INR 38,344.5 million a year ago. Net income was INR 6,042.6 million compared to INR 6,557.6 million a year ago. Basic earnings per share from continuing operations was INR 204.23 compared to INR 221.17 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 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.
ATUL LTD 
