Atul reports 39% rise in Q4 net profit

30 Apr 2016 Evaluate

Atul has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted a rise of 39.57% in its net profit at Rs 62.61 crore for the quarter ended March 31, 2016 as compared to Rs 44.86 crore for the same quarter in the previous year. Total income of the company has increased by 2.59% at Rs 636.46 crore for quarter under review as compared to Rs 620.41 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the company has posted a rise of 23.29% in its net profit at Rs 268.06 crore as compared to Rs 217.42 crore for the same period in the previous year. However, total income of company decreased 2.58% at Rs 2504.64 crore for year under review as compared to Rs 2570.96 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 11.91% in its net profit at Rs 269.32 crore as compared to Rs 240.65 crore for the same period in the previous year.  However, total income of company has decreased by 1.29% at Rs 2632.15 crore for year under review as compared to Rs 2666.64 crore for the period ended March 31, 2015.

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