Atul Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- Atul Ltd reported a 0.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 24.3%.
- Its expenses for the quarter were up by 3.4% QoQ and 21.8% YoY.
- The net profit decreased 16.1% QoQ and increased 62.5% YoY.
- The earnings per share (EPS) of Atul Ltd stood at 36.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1432.60 | 1424.35 | 1152.80 | 0.6% | 24.3% |
Total Expenses | 1278.05 | 1236.52 | 1049.45 | 3.4% | 21.8% |
Profit Before Tax | 154.55 | 187.83 | 103.35 | -17.7% | 49.5% |
Tax | 40.74 | 51.44 | 33.40 | -20.8% | 22.0% |
Profit After Tax | 117.10 | 139.53 | 72.05 | -16.1% | 62.5% |
Earnings Per Share | 36.90 | 46.50 | 24.00 | -20.6% | 53.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Atul Ltd is a diversified chemical company engaged in the manufacturing and marketing of over 900 products and formulations. It operates primarily in the chemical industry, focusing on a variety of sectors including life sciences, performance and other chemicals, polymers, and industrial chemicals. The company’s products serve numerous industries such as agriculture, automotive, construction, fragrance, personal care, and pharmaceuticals. Atul Ltd has established a significant presence in both domestic and international markets. Recent major developments are not available from the data provided.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Atul Ltd reported total income of ₹1432.60 crores. This represents a marginal quarter-over-quarter increase of 0.6% compared to ₹1424.35 crores in Q2FY25. On a year-over-year basis, there is a substantial growth of 24.3% from ₹1152.80 crores in Q3FY24. The consistent increase in revenue highlights the company's ability to generate higher sales compared to the previous periods, reflecting either increased demand for its products or higher pricing strategies.
Profitability
In Q3FY25, Atul Ltd's profit before tax was recorded at ₹154.55 crores. This marks a decrease of 17.7% compared to ₹187.83 crores in the previous quarter, Q2FY25. However, when compared to Q3FY24, there is a significant improvement of 49.5% from ₹103.35 crores. The tax expense for the quarter was ₹40.74 crores, down 20.8% quarter-over-quarter from ₹51.44 crores but up 22.0% year-over-year from ₹33.40 crores. Consequently, the profit after tax for Q3FY25 was ₹117.10 crores, which shows a decline of 16.1% from ₹139.53 crores in Q2FY25 but an increase of 62.5% from ₹72.05 crores in Q3FY24. Earnings per Share (EPS) for the quarter stood at ₹36.90, down 20.6% from the previous quarter but up 53.8% from the same period last year.
Operating Metrics
Atul Ltd's total expenses for Q3FY25 were ₹1278.05 crores, which is an increase of 3.4% from ₹1236.52 crores in Q2FY25 and a rise of 21.8% from ₹1049.45 crores in Q3FY24. The increase in expenses, both on a quarterly and yearly basis, suggests operational adjustments or increased costs in production and other areas. The company maintained a positive profit margin despite the rise in expenses, as evidenced by the YoY increase in both profit before tax and profit after tax. The financial data indicates that the company has managed its operational costs to maintain profitability, although there was a decrease in quarterly profits compared to the previous quarter.
