Atul Limited (NSE:ATUL) is an Indian multinational company with a presence in over 90 countries. It has its headquarters located in Valsad, Gujarat, India and its registered office in Ahmedabad, Gujarat. The company has multiple offices in India, including Mumbai, New Delhi, Thane and others, as well as wholly owned subsidiary companies in Brazil, China, the UAE, the UK and the USA. The company is engaged in the manufacturing of 900 products and 400 formulations and is a proud owner of 140 brands. Some of its major products include para-Cresol, para-Anisic aldehyde, para-Cresidine, Resorcinol formaldehyde resins, Vat dyes, and reactive diluents.
Atul Limited has reported its financial results for the period ended December 31, 2022. The company has reported total income of Rs. 1291.11 crores during the period, which is a decrease of Rs. 227.02 crores as compared to the period ended September 30, 2022. The total income during the period ended December 31, 2022 is also an increase of Rs. 907.73 crores as compared to the same period in the previous year.
The net profit for the period ended December 31, 2022 was reported to be Rs. 105.10 crores, which is a decrease of Rs. 45.81 crores as compared to the period ended September 30, 2022. The net profit for the period ended December 31, 2022 is also a decrease of Rs. 50.33 crores as compared to the same period in the previous year.
The company’s earnings per share (EPS) for the period ended December 31, 2022 was reported to be Rs. 35.60, which is a decrease of Rs. 15.51 as compared to the period ended September 30, 2022. The EPS for the period ended December 31, 2022 is also a decrease of Rs. 16.93 as compared to the same period in the previous year.
For the 9 months period ended December 31, 2022, the company has reported total income of Rs. 4323.03 crores, which is an increase of Rs. 558.78 crores as compared to the same period in the previous year. The net profit for the 9 months period was reported to be Rs. 420.53 crores, which is a decrease of Rs. 47.47 crores as compared to the same period in the previous year. The EPS for the 9 months period was reported to be Rs. 142.45, which is a decrease of Rs. 15.73 as compared to the same period in the previous year.
In conclusion, Atul Limited has reported a decrease in total income and net profit for the period ended December 31, 2022 as compared to the period ended September 30, 2022. The company has also reported a decrease in EPS for the same period. However, the company has reported an increase in total income and a decrease in net profit for the 9 months period ended December 31, 2022 as compared to the same period in the previous year.