Atul reports 23% fall in Q4 consolidated net profit

26 Apr 2022 Evaluate

Atul has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 12.22% in its net profit at Rs 148.51 crore for the quarter under review as compared to Rs 169.18 crore for the same quarter in the previous year. However, total income of the company increased by 29.98% at Rs 1,421.71 crore for Q4FY22 as compared Rs 1,093.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 22.70% in its net profit at Rs 136.56 crore for the quarter under review as compared to Rs 176.67 crore for the same quarter in the previous year. However, total income of the company increased by 22.75% at Rs 1,392.64 crore for Q4FY22 as compared Rs 1,134.56 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a fall of 3.70% in its net profit at Rs 607.53 crore as compared to Rs 630.89 crore for the previous year. However, total income of the company increased by 40.56% at Rs 5,082.82 crore for year under review as compared to Rs 3,616.06 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 8.38% in its net profit at Rs 604.74 crore as compared to Rs 660.02 crore for the previous year. However, total income of the company increased by 34.49% at Rs 5,156.89 crore for year under review as compared to Rs 3,834.45 crore for year ended March 31, 2021.

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