For the April to August 2023 period, the company's total sales aggregated to 7,803 units, registering a decline of 13.83% from 9,055 units sold in the same period a year ago.

Atul Auto is leading three wheeler manufacturing company in Rajkot, Gujarat, India. It has a complete range of 3-wheeler products across the fuel range - diesel, petrol, CNG, LPG and electric.

The company reported a consolidated net loss of Rs 9.03 crore in Q1 FY24 as against a net loss of Rs 3.65 crore recorded in Q1 FY23. Net sales dropped 44.9% to Rs 57.61 crore in the quarter ended 30 June 2023.