Categories Earnings

Atul Ltd Q1FY24; 37% fall in Profits.

Atul Ltd. is a diversified and integrated Indian chemical company (a part of Lalbhai Group, Gujarat). The products of the company are used in various Industries and come mainly under two segments, Life Science Chemicals and Performance and Other Chemicals under 9 Businesses.

Financial Results:

Atul Ltd reported Revenues for Q1FY24 of ₹1,182.00 Crores down from ₹1,477.00 Crore year on year, a fall of 19.97%.

Total Expenses for Q1FY24 of ₹1,054.00 Crores down from ₹1,293.00 Crores year on year, a fall of 18.48%.

Consolidated Net Profit of ₹102.00 Crores down 37.42% from ₹163.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹35.02, down 37.17% from ₹55.74 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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