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Atul Auto manufactures and sales Auto Rickshaws in domestic and overseas market.
Atul Auto has announced its 38th Annual General Meeting (AGM) on September 18 via video conference. The Annual Report for FY2025-26 is available online. Physical shareholders must update KYC details to ensure continued electronic payments for dividends and other disbursements.
Atul Auto's Board proposed a final dividend of Rs. 3.00 per share for FY26, subject to shareholder approval. Tax will be deducted at source on dividend payments, varying by shareholder status. Shareholders must submit relevant documents to claim lower or nil tax.
Atul Auto reported strong quarterly results. Three-wheeler sales surged 42.5% YoY to 9,878 units. Consolidated revenue rose to ₹218.43 Cr (up 43%), with PAT jumping to ₹8.04 Cr (up 290%), driven by improved profitability.
Atul Auto partnered with Exponent Energy to launch 15-minute rapid charging electric 3-wheelers. They committed 15,000 vehicles over three years, boosting the EV portfolio and promising enhanced customer earnings through faster turnarounds.
Atul Auto acquires the L5 Electric Three-Wheeler Vehicle Business from its subsidiary AGPL for Rs. 35.26 Cr. This move aims to integrate operations, expand the EV dealership network, and improve efficiency. AGPL will now focus on battery manufacturing.