Atul Auto Limited — Important, 01-01-2025: Monthly Business Updates

Atul Auto Limited reported a 13.70% increase in total three-wheeler vehicle sales for December 2024, totaling 2,523 units compared to 2,219 in December 2023. The year-to-date (YTD) figures showed a more substantial growth of 36.39%, with total sales reaching 22,647 units for FY 2024-25, up from 16,604 units in the previous year.

Breaking it down, internal combustion engine vehicles saw a significant increase of 24.24% month-on-month and a 42.03% rise YTD. However, electric vehicle sales for the L3 category dipped 32.70% in December, although YTD growth remained strong at 14.78%. Notably, sales of EV-L5 vehicles surged 322.73% in December and 157.79% YTD, primarily driven by the efforts of Atul Greentech Private Limited. The positive momentum in overall sales positions Atul Auto well for continued growth, but investors should keep an eye on the performance of the electric vehicle segment.