Atul Limited., an Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022.
Q2 Results- QoQ
The company’s net profit dropped 8.3% to Rs 1.5 billion for the period ended Sept 30, 2022 as against net profit of Rs 1.64 billion for the previous quarter.
Net sales increased 0.4% to Rs 15.19 billion during the period ended Sept 30, 2022 as compared to Rs 15.12 billion during the previous quarter.
Q2 Results- YoY
The company reported 2.9% growth in net profit of Rs 1.5 billion for the period ended Sept 30, 2022 as against net profit of Rs 1.46 billion for the prior-year quarter.
Net sales increased 19.5% to Rs 15.19 billion during the period ended Sept 30, 2022 as compared to Rs 12.71 billion during the prior-year quarter.
H1 Results- YoY
The company reported 0.91% growth in net profit to Rs 3.15 billion for the period ended Sept 30, 2022 as against net profit of Rs 3.12 billion for the prior-year 1st half period.
Net sales increased 27.4% to Rs 30.31 billion during the period ended Sept 30, 2022 as compared to Rs 23.8 billion during the the 6 Months period last year.
Atul Limited is a leading player in the Indian chemical industry engaged in the manufacture and sale of bulk chemicals and intermediates, aromatics, colors, crop protection chemicals, APIs and polymers.