Atul Auto disclosed a good increase in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 22.22% to Rs 4.40 million from Rs 3.60 million in the same quarter last year.
The company posted earnings of Rs 0.75 a share during the quarter, registering 11.94% growth over prior year period.
Net sales declined 23.02% to Rs 177 million, while total income for the quarter fell 23.57% to Rs 179.60 million, when compared with the prior year period.
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