Chemical
Atul Ltd profit declines 20.06% in first quarter
Sales decline 36.52% to Rs 660.56 crore
- By ICN Bureau
| July 25, 2020
Atul Ltd., one of the largest integrated chemical companies of India, announced its quarterly results on July 24, 2020.The company posted a consolidated net profit of Rs 117.94 crore for Q1 FY21, which declined by 20.71 per cent, as compared to Q1 FY20 when it reported Rs 148.74 crore.
The consolidated net sales reported in Q1 FY21 came in at Rs 660.56 crore, which declined by 36.52 per cent YoY from Rs 1,040.55 crore in Q1 FY20. At EBITDA level, the company stood at Rs 158.66 crore in Q1 FY21 that decreased by 33.96 per cent YoY versus Rs 240.25 crore previous year.
Sales from performance and other chemicals segment was the worst hit and stood at Rs. 420.49 crore as against Rs. 732.80 crore last year. Revenues from life sciences chemicals segment were also low and stood at Rs. 270.86 crore versus Rs. 347.76 crore last year.
Register Now to Attend E-Conference on Digital Transformation: The Catalyst for Agile and Smarter Process R&D on June 4 at 3:00 - 4:30 PM IST
Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2025 on June 18-19th 2025, The Leela Mumbai
