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Atul reports Profit after tax of Rs 1033.30 Mln, in the September 2023 quarter

20 Oct 2023 Evaluate
A decrease in the sales to Rs. 11097.70 millions was observed for the quarter ended September 2023. The sales stood at Rs. 13556.80 millions during the similar quarter previous year.The Company to register a -38.60%  fall in the net profit for the quarter ended September 2023.A decline of 1818.00 millions was observed in the OP in the quarter ended September 2023 from 2601.40 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 11097.70 13556.80 -18.14 21400.10 27814.30 -23.06 50617.80 49927.50 1.38
Other Income 424.50 716.10 -40.72 699.30 1181.70 -40.82 1994.40 900.70 121.43
PBIDT 1818.00 2601.40 -30.11 3561.90 5132.00 -30.59 8951.80 9533.90 -6.11
Interest 6.10 3.70 64.86 11.30 9.70 16.49 21.20 29.40 -27.89
PBDT 1811.90 2597.70 -30.25 3550.60 5122.30 -30.68 8930.60 9504.50 -6.04
Depreciation 443.10 400.20 10.72 870.50 797.80 9.11 1628.50 1464.80 11.18
PBT 1368.80 2197.50 -37.71 2680.10 4324.50 -38.03 7302.10 8039.70 -9.17
TAX 335.50 514.50 -34.79 681.00 1056.10 -35.52 1780.60 1964.40 -9.36
Deferred Tax 76.80 -2.40 -3300.00 107.60 -10.50 -1124.76 77.70 -41.70 -286.33
PAT 1033.30 1683.00 -38.60 1999.10 3268.40 -38.84 5521.50 6075.30 -9.12
Equity 295.10 295.10 0.00 295.10 295.10 0.00 295.10 295.90 -0.27
PBIDTM(%) 16.38 19.19 -14.63 16.64 18.45 -9.79 17.69 19.10 -7.39
Peers
Company Name CMP
Godrej Industries 1039.10
SRF 2455.00
BASF India 3404.85
Pidilite Inds. 1485.00
Tata Chemicals 616.95
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