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Atul declines after Q4 PAT contracts over 22% YoY

26 Apr 2022 , 03:11 PM

Total expenses during the quarter increased by 34.7% YoY to Rs 1,212.68 crore, due to higher raw material costs (up 30.3% YoY), higher power, fuel and water charges (up 46.2% YoY) and higher other expenses (up 33.9% YoY).

Profit before tax in Q4 FY22 stood at Rs 181.79 crore, down by 23% from Rs 236.12 crore in Q4 FY21.

Atuls consolidated net profit fell 7.9% to Rs 604.26 crore in FY22 from Rs 655.76 crore in FY21. Revenue from operations increased by 36.2% to Rs 5,080.89 crore in FY22 over FY21.

Atul is an integrated chemical company. The company operates through two segments: life science chemicals, and performance and other chemicals.

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