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18 January, 2021 03:52 IST
Atul Auto net profit drops 96.49% to Rs 6.2 mn
Source: IRIS | 02 Dec, 2020, 02.07PM
Rating: NAN / 5 stars.
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 Atul Auto, a leading three wheeler manufacturing company, reported a fall of 96.49% in consolidated net profit to Rs 6.2 million in the quarter ended September 2020 as against Rs 176.8 million during the previous quarter ended September 2019.

The company’s total revenue from operations dropped 55.59% to Rs 764.7 million in the quarter ended September 2020 as against Rs 1,721.8 million during the previous quarter ended September 2019.

Total expenses declined 50.64% to Rs 760.9 million in the quarter ended September 2020 as against Rs. 1541.4 million in the same quarter last fiscal.

Atul Auto EPS has decreased to Rs 0.94 in September 2020 from Rs 8.19 in September 2019.  

Shares of the company gained Rs 1.45, or 0.84%, to trade at  Rs 175.  The total volume of shares traded  was  13,105 at the BSE (12.42 p.m., Wednesday).



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