The July‑September quarter saw Atul Auto’s consolidated revenue jump 34% year‑on‑year to ₹268.3 crore, up from ₹200.2 crore a year earlier. On top of that, the company shipped 11,916 three‑wheelers—a 29% increase over the same period last year and 21% more than the March‑June quarter.
But the growth has come at a cost. Profit before tax slid 22.5% to ₹9.0 crore from ₹11.6 crore, and net profit fell 17.3% to ₹6.8 crore, as material costs swelled to 78% of revenue, employee costs rose 19% to ₹24.5 crore, and other expenses jumped 37% to ₹18.3 crore.
The automobile arm, which drives the bulk of sales, posted ₹257.9 crore in revenue—a 37.5% rise—yet its pre‑tax profit dipped 6% to ₹9.2 crore. Meanwhile, the non‑banking finance unit saw its revenue fall 14% to ₹12.3 crore and turned a pre‑tax loss of ₹0.24 crore, contrasting sharply with a profit of ₹1.76 crore last year.
On the balance sheet, consolidated assets ticked up to ₹799.8 crore, while equity settled at ₹496.3 crore. Borrowings fell to ₹108.8 crore from ₹144.4 crore, aided by a ₹35.6 crore repayment, and inventories surged to ₹132.5 crore as the firm built stock ahead of the growth wave. Net operating cash flow swung to a positive ₹31.7 crore from a ₹19.1 crore outflow a year earlier.
On a standalone basis, revenue rose 37.4% to ₹259.4 crore, but profit before tax fell 43% to ₹9.2 crore, with net profit down 44% to ₹6.9 crore. The company remains debt‑free off‑balance, having invested ₹18.3 crore in a subsidiary and paid a ₹8.3 crore dividend, while cash and equivalents finished at ₹22.6 crore.