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... acquired 50% shares in a foreign company
manufacturing dyes for synthetic fibres
… bought a (neoprene and polyurethane
adhesive) brand
… tied up to exclusively distribute an
anti-rust product in India
… continued greening the deserts with
plantation of 60,000 more tissue cultured
date palms
2010-11
in Retrospect
Amidst macroeconomic
recovery …
ÿ
World output recovered with growth of 4%
though riddled with inflation
ÿ
Oil price rose from US$ 79 to US$ 98 per barrel
ÿ
Indian
`
fluctuated between 44.03 and 47.57
to the US$
Atul maintained its improvement
trend …
ÿ
Sales in value grew by 29% to
`
1508 crores
and volume by 16%
ÿ
Profit before tax increased from
`
80 crores to
`
139 crores
ÿ
Return on average capital employed moved
up, consecutively for the 7
th
year, from
13% to 18%
… and is preparing for
sustainable growth
ÿ
New initiatives to cut down pollutants are under
implementation
ÿ
Several debottlenecking and expansion projects
are being executed
ÿ
Business and people-related processes are
continuously reviewed and renewed
01