Atul Ltd 2009-10

22 / Atul Ltd | Annual Report 2009-10 Directors’ Report Dear Members, The Board of Directors of Atul Ltd presents the Annual Report of the Company together with the audited statement of accounts for the year ended March 31, 2010. Financial results (Rs Crores) 2009-10 2008-09 Sales and operating income 1198 1191 Other income 6 5 Total revenues 1204 1196 Profit before tax and exchange rate difference 89 90 Exchange rate difference income | (expense) (9) (44) Profit before tax 80 46 Provision for tax 27 10 Profit for the year 53 36 Tax adjustments relating to earlier years 4 2 Profit available for appropriation 57 38 Balance brought forward 227 204 Disposable surplus 284 242 Appropriation General reserve 5 4 Proposed dividend 12 9 Dividend tax on above 2 2 Balance carried forward 265 227 23