Atul Ltd. announced that the Board of Directors of the company at its meeting held on May 7, 2013, has recommended a dividend of INR 6.00 per share (60%) subject To Approve the shareholders payable on July 31, 2013.

Atul Ltd. reported unaudited standalone earnings results for the fourth quarter and full year ended March 31, 2013 and consolidated earnings results for the ended March 31, 2013. For the quarter, the company has posted net sales of INR 4,910.0 million against INR 4,510.9 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 341.1 million against INR 300.6 million a year ago. Net profit was INR 2,144.4 million or INR 7.23 basic and diluted per share against INR 296.6 million or INR 9.37 basic and diluted per share a year ago. For the year, the company has posted consolidated net sales of INR 4,910.0 million against INR 4,510.9 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 1,982.0 million against INR 1,567.6 million a year ago. Net profit was INR 1,355.2 million or INR 45.69 basic and diluted per share against INR 881.1 million or INR 29.70 basic and diluted per share a year ago. For the year, the company has posted consolidated net sales of INR 20,050.2 million against INR 17,615.4 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 1,977.4 million against INR 1,729.0 million a year ago. Net profit was INR 1,280.7 million or INR 40.38 basic and diluted per share against INR 950.4 million or INR 30.71 basic and diluted per share a year ago.

Atul Ltd., Board Meeting, May 07, 2013. Agenda: To consider audited results and to recommend a dividend of INR 6.00 per share.