Atul Ltd : Q4FY17 Results

Atul Ltd. reported its results for the quarter ended March 31, 2017 on Friday. 

The company's total sales for Q4FY17 came in at Rs 719.6 crore, which represents a 12.2 per cent sequential increase and 15.2 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 76.5 crore and its EBIT margin stood at 10.6 per cent.

The company reported PAT of Rs 64 crore, which represents a sequential QoQ increase of 9.01 per cent and a YoY decline of 2.9 per cent.

The board of directors has recommended dividend of Rs 10 per equity share.

The stock opened at Rs 2352 and touched an intra-day low of Rs 2330 and finally closed at Rs 2432.

Atul Ltd is an integrated chemical company. The company's products and services include basic chemicals and other chemical products. The company operates through two segments: life science chemicals, and performance and other chemicals. The life science chemicals segment includes two sub-segments, including crop protection and pharmaceuticals and intermediates.