Q1FY18 Result : Atul Limited
Atul Ltd reported its results for the quarter ended June 30, 2017 on Friday.
The company's total sales for Q1FY18 came in at Rs 690.1 crore, which represents a 9 per cent sequential decline and 2.2 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 50.2 crore and its EBIT margin stood at 7.3 per cent.
The company reported PAT of Rs. 34.4 crore, which represents a sequential QoQ decline of 46.1 per cent and a YoY decline of 57.3 per cent.
Atul Limited is an integrated chemical company which manufactures basic and other chemical products. It serves around 5700 customers belonging to 31 industries across the world.
The stock today opened at Rs 2408, touched intra-day low of Rs 2275 and closed at Rs 2298.6 on the BSE.