Atul Auto Q1 results : profit at ₹1.32Cr, Revenue increased by 126.45% YoY

Atul Auto Q1 Results Live : Atul Auto Q1 Results Live: Atul Auto declared their Q1 results on 10 Aug, 2024. The topline increased by an impressive 126.45% year-over-year, with the profit arriving at ₹1.32 crore. This marks a significant turnaround from the same period in the previous fiscal year, when the company had declared a loss of ₹9.03 crore. However, compared to the previous quarter, the revenue declined by 15.65%.

The company's Selling, General & Administrative (SG&A) expenses rose by 28.41% quarter-over-quarter and increased by 38.77% year-over-year. This increase in expenses has impacted the company's operating income, which was down by 65.65% quarter-over-quarter but showed a robust increase of 134.86% year-over-year.

Atul Auto's Earnings Per Share (EPS) for Q1 stands at ₹0.27, reflecting a year-over-year increase of 106.49%. Despite this positive performance in EPS, the company has delivered a negative return of -4.97% in the last week, but has seen a positive return of 19.16% in the last 6 months and 18.27% year-to-date.

Currently, Atul Auto has a market capitalization of ₹1877.65 crore. The stock has experienced a 52-week high of ₹844.4 and a 52-week low of ₹327.55, indicating significant volatility over the past year.