Atul Ltd 2010-11

... acquired 50% shares in a foreign company manufacturing dyes for synthetic fibres … bought a (neoprene and polyurethane adhesive) brand … tied up to exclusively distribute an anti-rust product in India … continued greening the deserts with plantation of 60,000 more tissue cultured date palms 2010-11 in Retrospect Amidst macroeconomic recovery … ÿ World output recovered with growth of 4% though riddled with inflation ÿ Oil price rose from US$ 79 to US$ 98 per barrel ÿ Indian ` fluctuated between 44.03 and 47.57 to the US$ Atul maintained its improvement trend … ÿ Sales in value grew by 29% to ` 1508 crores and volume by 16% ÿ Profit before tax increased from ` 80 crores to ` 139 crores ÿ Return on average capital employed moved up, consecutively for the 7 th year, from 13% to 18% … and is preparing for sustainable growth ÿ New initiatives to cut down pollutants are under implementation ÿ Several debottlenecking and expansion projects are being executed ÿ Business and people-related processes are continuously reviewed and renewed 01