Atul Ltd 2008-09

In the confrontation between the stream and the rock, the stream always wins; not through strength, but through persistence. - Unknown 2008-09 in retrospect In a world marred by uncertainties… Indian Rupee depreciated by 27% Crude oil prices peaked to an unprecedented US$147 per barrel Demand fell sharply in major economies Atul improved its performance… Operating revenues grew by 17% to Rs1,181 crores EBIDTA (after providing for forex loss of Rs44 crores) increased by 18% to Rs118 crores PBT (after forex loss) rose by 20% to Rs46 crores …and is persevering to sustain its momentum Enhancing customer focus Becoming process driven Investing in people development