India's Atul reports Q3 profits down 9%

05 February 2008 15:26  [Source: ICIS news]

LONDON (ICIS news)--India-based Atul’s third-quarter operating profits dropped 9% year on year to rupees (Rs) 243m ($6.1m), the specialty chemicals producer reported to the Bombay Stock Exchange on Tuesday.

 

The Gujarat-based firm booked a 24% rise in net sales to Rs2.86bn, driven by 31% growth in its specialty and other chemicals segment, it said. 

 

Atul’s colours segment reported a sales increase of 16%.

 

($1 = Rs39.54)


By: Mark Watts
+44 20 8652 3214



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