Confident of sales averaging at 4,000 units per month, says Atul Auto
Going forward, the company is confident of the average monthly sales being around 4,000 plus units on back of better export numbers along with good domestic sales, said Jitendra Adhia, President-Finance, Atul Auto.
Going forward, the company is confident of the average monthly sales being around 4,000 plus units on back of better export numbers along with good domestic sales, said Jitendra Adhia, President-Finance, Atul Auto.
The year-on-year (YoY) June sales of Atul Auto were up 17% at 3,847 units against 3,288 units. The YoY April to June sales were also up 17.8% at 10,568 units against 8,974 units.
Speaking to CNBC-TV18, Adhia said one should not compare the fourth quarter numbers with the first quarter, because Q1 is usually flat. However, quarter to quarter, growth has been good.
Adhia said the company has almost reached 4,000 units per month sales number in May and June and export number in June stood at 642 units.
Talking about price hikes, he said they have already taken one at the beginning of June.
First Published: Jul 3, 2018 1:10 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Fight of heavyweights in Sambalpur where farmers, weavers hold the key
May 17, 2024 12:25 PM
Odisha: Fight of heavyweights in Sambalpur where farmers, weavers hold the key
May 17, 2024 10:22 AM
Lok Sabha Election 2024: What rural Delhi wants
May 16, 2024 10:10 PM
Over 50 onion farmers detained in Nashik ahead of PM Modi's visit
May 16, 2024 11:14 AM