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Atul Auto reports 17% rise in Q3 net profit

19 Jan 2015 Evaluate

Atul Auto has reported results for third quarter ended December 31, 2014.

The company has registered a rise of 17.08% in its net profit after tax at Rs 11.31 crore for the quarter under review as compared to Rs 9.66 crore for the same quarter in the previous year. Total income from operations of the company has increased 13.23% at Rs 139.33  crore for Q3FY15 as compared Rs 123.05 crore for the corresponding quarter previous year.

Atul Auto is a leading manufacturer of 3-Wheeled Commercial Vehicles in the state of Gujarat, presently engaged in the manufacturing of Three Wheelers like 6-seater Auto Rickshaws, Pick-Up Vans and Chassis of Passenger Vehicles.

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