Atul Auto reports 12% rise in Q1 net profit

Atul Auto has reported results for first quarter ended June 30, 2013. 

The company has reported 11.63% rise in its net profit at Rs 4.32 crore for the quarter as compared to Rs 3.87 crore for the same quarter in the previous year. Total income from operations of the company has increased by 10.91% at Rs 85.70 crore for quarter under review as compared to Rs 77.27 crore for the quarter ended June 30, 2012.

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.