ATUL LIMITED
Regd. Office : Ashoka Chambers, Rasala Marg,
Ahmedabad - 380 006, Gujarat.
SEGMENT REVENUE, RESULTS AND OTHER INFORMATION
							(Rs Lacs)
							(Audited)
Particulars			9 Months ended	4th Quarter ended		Year ended	Year ended
			December 31	March 31		March 31	March 31
			2003	2004	2003	2004	2003
1.	Segment Revenue
	Colors		19,321	5,294	6,838	24,615	27,956
	Speciality and other Chemicals		26,686	10,070	9,382	36,756	35,271
	Total		46,007	15,364	16,220	61,371	63,227
	Less : Inter Segment Revenue		1,227	(658)	625	569	1,583
	Net Sales / Income from operations		44,780	16,022	15,595	60,802	61,644
2.	Segment Results
	Profit before Interest and Tax
	Colors		1,120	(537)	785	583	2,792
	Speciality and other Chemicals		1,603	1,377	2,152	2,980	5,356
	Total		2,723	840	2,937	3,563	8,148
	Less :
	1.	Interest (Net)	1,639	518	636	2,157	3,293
	2.	Other unallocable expenditure	47	664	629	711	960
		(net of unallocable income)
	Total Profit Before Tax		1,037	(342)	1,672	695	3,895
3.	Capital Employed
	(Segment Assets - Segment Liabilities)
	Colors		22,358	23,109	28,634	23,109	28,634
	Speciality and other Chemicals		28,894	29,182	22,549	29,182	22,549
	Unallocable		6,032	6,771	6,042	6,771	6,042
	Total		57,284	59,062	57,225	59,062	57,225
						For Atul Limited
Mumbai,
May 21, 2004						Sunil S Lalbhai
Web Site: www.atul.co.in						Managing Director & CEO