While sales of three wheelers with internal combustion (IC) engine rose by 1.55% to 2,028 units, sales of L3 category of three wheelers (EV ' L3) fell by 6.82% to 519 units in January 2025 as compared with January 2024.
In the domestic market, the company sold 1,634 units of 3W - IC engine vehicle in January 2025, which is higher by 1.55% YoY.
Sales of L5 category of three wheelers (EV ' L5) for the period under review was 225 units. EV ' L5 sales in the same period last year were 22 units.
On a year-to-date (YTD) basis, for FY24-25, the company's total sales added up to 27,419 units (up 33.03% YoY).
Atul Auto is a 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 declined 35.9% to Rs 4.57 crore in Q2 FY25 as against Rs 7.13 crore posted in Q2 FY24. Total revenue from operations grew by 18.59% year on year to Rs 181.65 crore in the quarter ended 30 September 2024.
The scrip rose 0.22% to currently trade at Rs 508.55 on the BSE.
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