Atul Ltd Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 18, 2019 at 02:38 am EST
Share
Atul Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported revenue from operations of INR 10,194.9 million against INR 8,036.8 million a year ago. Total income was INR 10,148.4 million against INR 8,041.8 million a year ago. Net profit was INR 1,168.9 million against INR 659.9 million a year ago. Basic EPS were INR 39.41 against INR 22.25 a year ago.
For the nine months, the company reported revenue from operations of INR 29,149.7 million against INR 22,809.8 million a year ago. Total income was INR 29,424.0 million against INR 22,937.8 million a year ago. Net profit was INR 3,201.0 million against INR 1,704.9 million a year ago. Basic EPS were INR 107.92 against INR 57.48 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.