Atul Ltd Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
October 21, 2022 at 03:53 am
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Atul Ltd. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 14,872.7 million compared to INR 12,499.6 million a year ago. Revenue was INR 15,191.3 million compared to INR 12,710.5 million a year ago. Net income was INR 1,509.1 million compared to INR 1,466.3 million a year ago. Basic and diluted earnings per equity share was INR 51.11 compared to INR 49.56 a year ago.
For the six months, sales was INR 29,641.2 million compared to INR 23,301.6 million a year ago. Revenue was INR 30,319.2 million compared to INR 23,808.7 million a year ago. Net income was INR 3,154.3 million compared to INR 3,125.7 million a year ago. Basic and diluted earnings per equity share was INR 106.83 compared to INR 105.64 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 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 
