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The Economic Times
The Economic Times
Business
Sakshi Kumari

Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profit

Vijay Kedia Atul Auto Exponent Energy electric vehicle BSE

Shares of veteran investor Vijay Kedia-backed Atul Auto dropped over 9% on the BSE on Monday as profit-booking overshadowed a nearly four-fold surge in consolidated net profit for the June quarter.

Consolidated revenue from operations rose 43% year-on-year to Rs 218.43 crore from Rs 152.78 crore in Q1 FY26. Consolidated profit before tax surged 231% to Rs 10.77 crore, while net profit leapt to Rs 8.04 crore from Rs 2.06 crore in the year-ago period.

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