Atul Ltd Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
April 30, 2021 at 09:34 am
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Atul Ltd. announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 11,345.6 million compared to INR 10,010.2 million a year ago. Net income was INR 1,750.5 million compared to INR 1,412.5 million a year ago. Basic earnings per share from continuing operations was INR 59.04 compared to INR 47.62 a year ago. For the full year, total revenue was INR 38,344.5 million compared to INR 41,711 million a year ago. Net income was INR 6,557.6 million compared to INR 6,664.6 million a year ago. Basic earnings per share from continuing operations was INR 221.17 compared to INR 224.69 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.