Atul Auto jumps as reports 7% YoY increase in May'25 sales
The companys domestic sales jumped 12.24% to 2,357 units in May 2025, compared to 2,100 units posted in May 2024.
Atul Auto is a 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 companys consolidated net profit surged 34.14% to Rs 7.15 crore in Q4 FY25 as against Rs 5.33 crore posted in Q4 FY24. However, total revenue from operations grew by 31.74% year-on-year (YoY) to Rs 210.98 crore in the quarter ended 31 March 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
24 minutes ago
- Economic Times
RBI to conduct Rs 1.25 lakh-crore VRRR
The two day VRR operation was over-subscribed amid a temporary shortage of funds, which pushed call rates to 5.73% on Wednesday, 23 basis points above the repo rate. Synopsis Reserve Bank of India will conduct a variable rate reverse repo operation on Friday. The aim is to absorb ₹1.25 lakh crore from the market. This follows a recent injection of ₹50,000 crore into the banking system through a two-day variable rate repo. An overnight VRR operation was also conducted on Thursday. RBIVRRRbankingfundsrepo rate Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Time of India
an hour ago
- Time of India
Noida airport expansion may hit 17k families, 7 govt schools
Noida: The expansion of Noida International Airport is set to uproot more than 4,600 families and force the relocation of seven govt schools. A draft rehabilitation plan — released by the district administration on Wednesday — said more than 17,000 families were likely to be affected directly or indirectly by the acquisition of 1,857 hectares across 14 villages for the airport's third and fourth phases. According to a household survey conducted between May and June, most affected families are small-scale farmers or agricultural labourers, with 58% of them earning between Rs 50,000 and Rs 1 lakh annually. Only 4% earn more than Rs 5 lakh a year. The draft plan, prepared on the basis of the survey, said since a large part of the economy was dependent on farming and animal husbandry, the resettlement area should include infrastructure like facilities for livestock. The district administration has earmarked 340 hectares near Jewar town — in Alavalpur, Mangaroli, Ahmedpur Chawroli, and Neemka Shahjahanpur — for rehabilitating the families, planning a new community with modern amenities. Plots ranging from 50 to 500sqm will be allocated to the villagers based on family size. Roads, drinking water, sewage systems, power connections, community halls, anganwadis, fair price shops, cremation grounds, and areas for cattle will form part of the new settlement, the plan specified. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida The draft also introduced gender parity by recognising unmarried adult daughters as eligible claimants. Like sons in the families, they will also receive separate plots and financial assistance. For the 17,945 affected families in total, the package is likely to include a monthly subsistence allowance of Rs 3,000 for a year, Rs 50,000 as transport compensation, and an additional Rs 50,000 for SC/ST families. There will also be provisions for skill training and job preference in airport-related services for one member from each family. Discontent, however, appears to be brewing among a section of villagers. Only 1% of households in Neemka Shahjahanpur, 20% in Khwajpur, and 50% in Thora participated in the survey that preceded the draft plan, seeking better compensation and water security. Apart from households, seven govt schools will have to be relocated from Banwariwas, Kishorepur, Ramner, Neemka Shahjahanpur, Khwajpur, Thora, and Jewar Bangar. According to the plan, land will be allotted to these schools at no cost at the new site, although no compensation will be given for the land currently occupied by them. The draft plan is awaiting approval from the state govt. "Once approved, we'll publish the final scheme and formally declare the resettlement area. The collector will determine land values and calculate the compensation, including a 100% solatium as mandated," said Bacchu Singh, ADM (land acquisition). Landowners, the draft said, will receive Rs 4,300 per sqm in compensation, 40% higher than the rate in previous phases. The expansion will significantly boost the airport's capacity, adding runways, cargo zones, and maintenance areas. "This is a project of national importance," Singh added. The project, which received aviation ministry clearance in 2017, aims to be the country's largest greenfield airport. While the first two phases covering 2,699 hectares are nearing completion, the expansion will require an additional 2,053 hectares.
Time of India
an hour ago
- Time of India
Rs 5,000 to register mutually divided ancestral property
1 2 Lucknow: The department of stamp and registration is working on a proposal to cut down stamp duty for partition of properties from 7% of the value of a property to a flat Rs 5,000. Partition of property refers to division of ancestral property among various claimants. Due to the high cost of registration of 'aapsi sehmati' or mutual consent settlements, families end up going to revenue or civil courts which means that matters can get dragged on for months, if not years. By easing registration charges, the government hopes to reduce pendency in civil and revenue courts. An official confirmed that the proposal will be taken to Cabinet for clearance in about a month. Partition of property is when the co-owners of a property mutually agree to divide the property among themselves and accordingly get it registered under Article 45 of the Registration Act, 1908. For instance, if an ancestral house is owned by two siblings, and two generations down they have 16 descendants, then the property needs to be divided into 16 parts, which includes the decision on which part of the property goes to whom. "Registration of stamp duty is 5% of the property price in Noida and 7% in the rest of the state. To avoid this cost, families end up going to the revenue department or to civil courts which could take months to dispose of each matter. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How Much Does It Cost to Rent a Private Jet - The Prices May Surprise You! Private Jet I Search Ads Learn More Undo This process can be completed in just five minutes through mutual agreement now. To reduce this burden, a flat rate of Rs 5,000 per registration has been proposed," said minister Ravindra Jaiswal. In fact, the idea to reduce registration to a flat rate was mooted by chief minister Yogi Adityanath in 2024 not just to reduce pendency in courts but since in the case of partition there is no sale or purchase of property but just division, it was felt that high registration rates were unfair on citizens. Meanwhile, other aspects of property settlement within families where a similar reduction in stamp registration can be expected within the next few months include settlement under Article 58 of the Registration Act, 1908, where a person distributes property among heirs while still alive, release, and exchange of ancestral properties.
