Rajkot, Gujarat – February 1, 2025
Atul Auto Limited (BSE: 531795, NSE: ATULAUTO) has released its sales performance for January 2025, reporting an impressive 19.84% year-over-year (YoY) growth in total three-wheeler sales, including domestic and export markets.
Key Sales Highlights for January 2025
Domestic Sales Performance
| Particulars | Jan-25 | Jan-24 | Change (%) | FY 24-25 | FY 23-24 | Change (%) |
|---|---|---|---|---|---|---|
| 3W - IC Engine | 1,634 | 1,609 | 1.55% | 17,709 | 12,927 | 36.99% |
| EV - L3 | 519 | 557 | -6.82% | 6,181 | 5,490 | 12.59% |
| EV - L5 | 225 | 22 | 922.73% | 1,135 | 375 | 202.67% |
| Total | 2,378 | 2,188 | 8.68% | 25,025 | 18,792 | 33.17% |
Domestic + Export Sales Performance
| Particulars | Jan-25 | Jan-24 | Change (%) | FY 24-25 | FY 23-24 | Change (%) |
|---|---|---|---|---|---|---|
| 3W - IC Engine | 2,028 | 1,734 | 16.96% | 20,074 | 14,746 | 36.13% |
| EV - L3 | 519 | 557 | -6.82% | 6,181 | 5,490 | 12.59% |
| EV - L5 | 225 | 22 | 922.73% | 1,164 | 375 | 210.40% |
| Total | 2,772 | 2,313 | 19.84% | 27,419 | 20,611 | 33.03% |
Sales Performance Analysis
- Strong IC Engine Growth: Domestic IC engine three-wheeler sales grew by 1.55% YoY, while overall (including exports) surged by 16.96% YoY.
- EV Segment Performance: While L3 electric vehicle (EV) sales declined by 6.82%, L5 EVs saw a massive 922.73% YoY growth, indicating increasing demand for high-capacity EVs.
- Robust Year-to-Date (YTD) Growth: Across all vehicle categories, YTD sales rose by 33.03%, showing sustained growth momentum.
Market Outlook
The substantial increase in EV - L5 sales highlights Atul Auto’s growing presence in the electric three-wheeler segment. While traditional IC engine vehicles remain a dominant revenue driver, the expansion into electric mobility is expected to strengthen the company’s future growth.Atul Auto’s continued efforts to expand its domestic and export footprint, coupled with strategic investments in EV technology, position the company for sustained sales growth in the coming months.