Atul Auto surges as total June sales jump 151% YoY

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Atul Auto gained 1.42% to Rs 171 after the company’s total sales jumped 151.1% to 1,818 units in June 2022 from 724 units in June 2021.

Sequentially, Atul Auto saw a 1.33% increase in total sales from 1,794 units sold in May 2022.

Total sales from April to June 2022 jumped 199% to 5,205 units from 1,739 units in April – June 2021.

The company recorded a 22.2% drop in its consolidated net profit to Rs 136.26 crore on a 22.8% increase in sales ner to Rs 1,370.42 crore in Q4 FY22 compared to Q4 FY21.

Atul Auto, based in Rajkot, manufactures three-wheelers (cargo and passenger segments) under the “Atul” brand, as well as spare parts, components and related products.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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