It is a broadly described annual report of Atul Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 2,084.19 Crore. The Company’s Sales increased by 10% from Rs. 2,403 Crore to Rs. 2,639 Crore mainly due to higher volumes (16%), partly offset by lower prices (6%). Operating profit before working capital changes increased by 1% from Rs. 478 Crore to Rs. 485 Crore, the net cash flow from operating activities decreased by 3% from Rs. 375 Crore to Rs. 364 Crore. The Company posted Profit before tax for the year at Rs. 400 Crore as compared Rs. 400 Crore in the previous year. During the FY 2016-17, the Company earned a net profit of Rs. 285 Crore as compared to Rs. 274 Crore for the FY 2015-16. The earnings per share (EPS) of the Company increased from Rs. 92.53 to Rs. 96.18.
The Board of Directors of the Company has recommended a dividend of Rs. 10/- per share on 2,96,61,733 Equity shares of Rs. 10/- each fully paid up during FY 2016-17.
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