Atul Auto Reports Strong Sales Performance for March 2025 and FY 2024-25

Key Highlights:

• Atul Auto sold 3,693 units in March 2025.
• IC engine three-wheelers saw a 32.36% increase in sales.
• The EV-L5 segment experienced an impressive 475% growth in March 2025.
• For the full financial year 2024-25, total sales reached 34,012 units.
• Domestic sales grew by 17.50% in March 2025.

​Atul Auto Limited, a key player in the three-wheeler market based in Gujarat, has announced impressive sales results for March 2025 and the entire financial year 2024-25. The company shared its results in a regulatory filing with the BSE and NSE today.

Atul Auto Performance Highlights

Atul Auto recorded total sales of 3,693 units in March 2025, marking an 18.06% increase from 3,128 units sold in March 2024. This follows a strong February performance, where the company reported a 26.09% year-on-year increase with 2,900 units sold.

Internal Combustion (IC) Engine Three-Wheelers: Sales increased by 32.36%, with 2,990 units sold in March 2025, up from 2,259 units last year.

EV-L3 Segment: There was a significant decline of 42.94%, with only 473 units sold in March 2025, down from 829 units in March 2024.

EV-L5 Segment: This segment saw remarkable growth, with a 475% increase in sales. The company sold 230 units in March 2025 compared to just 40 units in March 2024, continuing a strong growth trend from February.

Full-Year FY 2024-25 Results

For the financial year 2024-25, Atul Auto reported total sales of 34,012 units, a 30.62% increase from 26,039 units in FY 2023-24.

• IC Engine Three-Wheelers: The main driver of growth, with a 35.84% increase to 25,375 units.
• EV-L3 Segment: Showed modest growth of 0.96%, with 6,970 units sold.
• EV-L5 Segment: A standout performer, with a 266.37% increase to 1,667 units.

Domestic Performance

Domestic Sales: In March 2025, the company saw domestic sales of 3,391 units, up 17.50% from 2,886 units in March 2024. Full-year domestic sales stood at 30,776 units, representing a 29.32% increase from the previous year.

Atul Greentech Private Limited Performance​

Atul Greentech Private Limited, a subsidiary of Atul Auto, sold 234 vehicles in March 2025. However, these sales were not included in Atul Auto’s standalone figures, as they were reported separately up to June 30, 2024.

Also Read: Atul Greentech Partners with HPCL to Expand Electric Mobility in India

CMV360 Says

Atul Auto’s growth is impressive, especially with strong sales in both their IC engine and electric three-wheeler segments. The company’s consistent growth in both domestic and export markets highlights its expanding reach and commitment to innovation. Overall, their steady progress, particularly in the domestic market, shows they are on the right path.