Atul Q2 Results Live : Atul has declared its Q2 results on October 25, 2024, showcasing impressive growth figures. The company’s topline saw a significant increase of 16.68% year-over-year, while profits surged by an impressive 51.47% compared to the same quarter last year.
In comparison to the previous quarter, Atul reported a revenue growth of 5.35%, with profits also seeing a notable increase of 22.28%. This steady growth reflects the company’s robust operational strategies and market positioning.
The operating income for Atul was reported to have increased by 12.66% quarter-over-quarter and an astounding 63.26% year-over-year, showcasing the company’s ability to enhance operational efficiency and profitability.
Earnings per share (EPS) for Q2 stood at ₹46.47, marking a 51.86% increase year-over-year. This significant rise in EPS indicates Atul’s strong financial health and capability to deliver value to shareholders.
Despite a slight decline of 1.47% in the last week, Atul has delivered a remarkable 30.13% return over the last six months and a 6.85% year-to-date return, highlighting the company’s resilience in a fluctuating market.
Currently, Atul holds a market capitalization of ₹22,508.37 crore, with a 52-week high of ₹8,180 and a low of ₹5,174.85, indicating strong market confidence in the company.
As of October 26, 2024, of the ten analysts covering Atul, the recommendations vary: 1 analyst has given a ‘Strong Sell’ rating, 2 have rated it as ‘Sell’, 3 as ‘Hold’, 2 as ‘Buy’, and 2 as ‘Strong Buy’. The consensus recommendation stands at ‘Hold’, suggesting a cautious outlook amid the positive quarterly results.
