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Atul Auto’s Q2 net profit surges by 73%

05 Dec 2011 Evaluate

Atul Auto has reported results for the second quarter ended September 30, 2011.

The company’s net profit for the quarter under review has surged by 73% at Rs 5.06 crore as compared to Rs 2.92 crore for the corresponding quarter of the previous year. The company’s sales increased by 54% in the second quarter of 2011-12 at Rs 82.65 crore against Rs 53.71 crore for the corresponding period in the last fiscal.

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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