Company Profile For Atlas Copco India Ltd

Atlas Copco India Ltd (ATLA.BO) (Bombay Stock Exchange)

sector: Industrials · industry: Industrial Machinery & Equipment ·

As of 25 Nov 2009

776.60INR

Price Change

+4.55

Percent Change

+0.59%

Analyst Recommendations

Overview

Atlas Copco (India) Limited is an India-based company. The Company has two segments: industrial segment, and construction and mining segment. The industrial segment manufactures and markets a range of air and gas compressors, of both rotary and reciprocating technology, and a range of pneumatic and electric tools, such as grinders, drills, impact wrenches, screw drivers and nut runners. The construction and mining segment develops, manufactures and markets rock drilling tools, drilling rigs, construction tools, breakers, blast hole drilling rigs and road construction equipment. During the year ended December 31, 2008, the Company acquired Focus Rocbit Pvt. Ltd. and Prisma Roctools Pvt. Ltd.

Quick Financial Synopsis

BRIEF: For the three months ended 31 March 2009, Atlas Copco (India) Limited's revenues decreased 2% to RS2.81B. Net income decreased 42% to RS144.6M. Revenues reflect decreased net sales/income from operations and a decrease in other income. Net income suffered from an increase in employees cost, an increase in depreciation and a higher interest expenses. The company is engaged in manufacture and sell air & gas processors, rock drills, pusher legs.