Atul Ltd., India’s leading integrated chemical manufacturer announced its results for the second quarter ended September 30, 2020.
Q2 Results- QoQ
The company’s net profit grew 48% to Rs 174.35 crores for the period ended September 30, 2020 as against net profit of Rs 117.78 crores for the previous quarter.
Net sales increased 43.8% to Rs 1008.54 crores during the period ended September 30, 2020 as compared to Rs 701.2 crores during the previous quarter.
Q2 Results- YoY
The company’s net profit dropped 16.6% to Rs 174.35 crores for the period ended September 30, 2020 as against net profit of Rs 208.97 crores for the prior-year quarter.
Net sales declined 5.5% to Rs 1008.54 crores during the period ended September 30, 2020 as compared to Rs 1066.65 crores during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit declined 18% to Rs 292.13 crores for the 6 months period ended September 30, 2020 as against net profit of Rs 356.30 crores for the prior-year 6 months period.
Net sales declined 19.2% to Rs 1709.74 crores during the 6 months period ended Septem-ber 30, 2020 as compared to Rs 2117.17 crores during the prior-year 6 months period.