Atul Auto total sales in December jumps over 16% annually to 2,503 units

Atul Auto Ltd on Monday announced its December total sales increased 16.4 per cent annually to 2,503 units from 2,151 units in the same period in 2022.

The three-wheeler maker’s total sales in April-December period last year witnessed a marginal rise of a little over 1 per cent to 18,298 units, from 18,065 in the same period in 2022.

In the second quarter ended FY24, Atul Auto’s revenue zoomed about 24 per cent to Rs 153.3 crore, as opposed to Rs 60 crore.

While the Rajkot-based company’s net profit for the September quarter stood at Rs 7.6 crore, as opposed to a net loss of Rs 9 crore.

The 52-week high of Atul Auto share is Rs 692.20, while its 52-week low is Rs 272.80.

As of 1:52 pm, Atul Auto Ltd shares were trading 0.35 per cent lower at Rs 570.10.

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