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Atul reports 32% fall in Q4 consolidated net profit

29 Apr 2023 Evaluate

Atul reported results for fourth quarter (Q4) and year ended March 31, 2023.

Atul has reported 40.45% fall in its net profit at Rs 88.44 crore for the quarter under review as compared to Rs 148.51 crore for the same quarter in the previous year. Total income of the company decreased by 21.06% at Rs 1,122.23 crore for Q4FY23 as compared to Rs 1,421.71 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 32.48% fall in its net profit at Rs 92.21 crore for fourth quarter ended March 31, 2023 as compared to Rs 136.56 crore for the same quarter in the previous year. Total income of the company decreased by 12.44% at Rs 1,219.36 crore for Q4FY23 as compared to Rs 1,392.64 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 9.12% fall in its net profit at Rs 552.15 crore as compared to Rs 607.53 crore for the previous year. However, total income of the company increased by 3.51% at Rs 5,261.22 crore for year under review as compared to Rs 5,082.82 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 16.22% fall in its net profit at Rs 506.63 crore as compared to Rs 604.74 crore for the previous year. However, total income of the company increased by 7.48% at Rs 5,542.39 crore for year under review as compared to Rs 5,156.89 crore for year ended March 31, 2022.

Atul Share Price

6592.15 -4.40 (-0.07%)
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