Monday, 10 August 2026 · World
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EUROS The World Financial Report
Nº 30 Monday, 10 August 2026 · World Edition
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Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profit

Markets-Economic Times · 1h ago · 🇮🇳 India
Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profit

Vijay Kedia-backed Atul Auto shares fell 9% despite a nearly four-fold year-on-year jump in Q1 FY27 net profit. Revenue rose 43%, supported by a sharp increase in three-wheeler dispatches. The company is also expanding its electric vehicle push through a partnership with Exponent Energy, targeting 15,000 rapid-charging electric three-wheelers.

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