Atul Ltd Reports Earnings Results for the Second Quarter Ended September 30, 2020
October 23, 2020 at 04:28 am EDT
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Atul Ltd. announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was INR 10,085.4 million compared to INR 10,666.5 million a year ago. Net income was INR 1,743.5 million compared to INR 2,089.7 million a year ago. Basic earnings per share from continuing operations was INR 58.78 compared to INR 70.45 a year ago. For the half year, total revenue was INR 17,097.4 million compared to INR 21,171.7 million a year ago. Net income was INR 2,921.3 million compared to INR 3,563 million a year ago. Basic earnings per share from continuing operations was INR 98.49 compared to INR 120.12 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 
