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Atul Auto has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported net profit of Rs 5.62 crore for the quarter under review as compared to net loss of Rs 5.68 crore for the same quarter in the previous year. Total income of the company increased by 63.76% at Rs 141.36 crore for Q4FY23 as compared to Rs 86.32 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit of Rs 3.34 crore for fourth quarter ended March 31, 2023 as compared to net loss of  Rs 5.73 crore for the same quarter in the previous year. Total income of the company increased by 58.24% at Rs 150.30 crore for Q4FY23 as compared to Rs 94.98 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported net profit of Rs 4.40 crore as compared to net loss of Rs 24.87 crore for the previous year. Total income of the company increased by 61.20% at Rs 477.50 crore for year under review as compared to Rs 296.21 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported net profit of Rs 3.13 crore as compared to net loss of Rs 25.48 crore for the previous year. Total income of the company increased by 62.48% at Rs 514.62 crore for year under review as compared to Rs 316.72 crore for year ended March 31, 2022.

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