Revenue from operations increased by 22.81% to Rs 1370.42 crore in Q4 FY22 from Rs 1115.93 crore posted in Q4 FY21. Profit before tax stood at Rs 181.79 crore in the fourth quarter, down by 23.01% from Rs 236.12 crore in the same period last year.

Profitability was dented after the company reported a 34.66% jump in total expenses to Rs 1212.68 crore in Q4 FY22 over Q4 FY21. Finance costs increased by 44% to Rs 3.41 crore while depreciation & amortization expenses rose by 20.39% to Rs 44.05 crore in the fourth quarter as compared to the corresponding quarter last year.

On the segmental front, the Performance and Other Chemicals business revenue was at Rs 1,052.63 crore (up 28.82% YoY), Life Science Chemicals business revenue was at Rs 367.32 crore (up 17.77% YoY), in Q4 FY21.

Meanwhile, the board of directors has proposed a dividend of Rs 25 per share for the year ended 31 March 2022.

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