Atul Auto trades higher on turning black in Q4
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Atul Auto is currently trading at Rs. 370.60, up by 1.60 points or 0.43% from its previous closing of Rs. 369.00 on the BSE.
The scrip opened at Rs. 367.35 and has touched a high and low of Rs. 375.70 and Rs. 367.35 respectively. So far 8699 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 433.95 on 20-Apr-2023 and a 52 week low of Rs. 145.10 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 385.90 and Rs. 364.30 respectively. The current market cap of the company is Rs. 884.01 crore.
The promoters holding in the company stood at 49.48%, while Institutions and Non-Institutions held 1.67% and 48.85% respectively.
Atul Auto has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported net profit of Rs 5.62 crore for the quarter under review as compared to net loss of Rs 5.68 crore for the same quarter in the previous year. Total income of the company increased by 63.76% at Rs 141.36 crore for Q4FY23 as compared to Rs 86.32 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit of Rs 3.34 crore for fourth quarter ended March 31, 2023 as compared to net loss of Rs 5.73 crore for the same quarter in the previous year. Total income of the company increased by 58.24% at Rs 150.30 crore for Q4FY23 as compared to Rs 94.98 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported net profit of Rs 4.40 crore as compared to net loss of Rs 24.87 crore for the previous year. Total income of the company increased by 61.20% at Rs 477.50 crore for year under review as compared to Rs 296.21 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported net profit of Rs 3.13 crore as compared to net loss of Rs 25.48 crore for the previous year. Total income of the company increased by 62.48% at Rs 514.62 crore for year under review as compared to Rs 316.72 crore for year ended March 31, 2022.
