Atul Auto Limited — Important, 01-05-2025: Monthly Business Updates

Atul Auto’s domestic three-wheeler sales fell 13.3% YoY to 1,427 units, mainly due to a 25% drop in IC engine vehicles. However, electric vehicle sales gained traction with L3 EVs up 14.5% and L5 EVs more than doubling to 37 units. Combined domestic and export sales inched up 1.95% to 1,725 units. The gradual shift to EVs is evident, with growth in L3 and L5 segments balancing declines in traditional models.