Atul Auto sales decline marginally in Mar'24

Atul Auto said that its total sales shed 0.82% in March 2024 to 3,128 units as against 3,154 units sold in March 2023.

Sequentially, the auto major's total sales jumped 36% as compared with 2,300 units sold in February 2024.

On full year basis, the companys overall auto sales grew 1.92% to 26,039 units in FY24 as against 25,549 units recorded in FY23.

Atul Auto is leading three wheeler manufacturing company in Rajkot, Gujarat, India. It has a complete range of 3-wheeler products across the fuel range - diesel, petrol, CNG, LPG and electric.

The company's consolidated net profit grew by 31.9% to Rs 5.08 crore on 15.4% jump in revenue from operations to Rs 151.37crore in Q3 FY24 as compared with Q3 FY23.

 

The scrip rose 1.59% to Rs 510.50 on the BSE.

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