Revenue also rose 11.4% year-on-year to ₹1,552 crore, up from ₹1,392.8 crore in the year-ago period.
Atul Ltd.'s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 10.3% year-on-year to ₹267.6 crore, which was higher than last year's ₹242.7 crore.
EBITDA margin of 17.2% was lower than 17.4% on a year-on-year basis.
Following the earnings announcement, shares of Atul Ltd. are trading 3.38% at ₹6,025. The stock is down 13% on a year-to-date basis.