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Atul Ltd |

Annual Report 2009-10

Directors’ Report

Dear Members,

The Board of Directors of Atul Ltd presents the Annual Report of the Company together with the audited

statement of accounts for the year ended March 31, 2010.

Financial results

(Rs Crores)

2009-10

2008-09

Sales and operating income

1198

1191

Other income

6

5

Total revenues

1204

1196

Profit before tax and exchange rate difference

89

90

Exchange rate difference income | (expense)

(9)

(44)

Profit before tax

80

46

Provision for tax

27

10

Profit for the year

53

36

Tax adjustments relating to earlier years

4

2

Profit available for appropriation

57

38

Balance brought forward

227

204

Disposable surplus

284

242

Appropriation

General reserve

5

4

Proposed dividend

12

9

Dividend tax on above

2

2

Balance carried forward

265

227

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