In a month where motown has been in top gear, Atul Auto's September sales disappointed with a subdued performance. In an interview to CNBC-TV18, Jitendra Adhia, President-Finance, Atul Auto spoke about the latest happenings in his company and sector.
Atul Auto is in focus after August sales up 2.76 percent. In an interview to CNBC-TV18, Jitendra Adhia, President-Finance of Atul Auto spoke about sales numbers and latest happenings in the company.
Atul Auto has posted strong sales for the month of May. In an interview to CNBC-TV18, Jitendra Adhia, President-Finance at Atul Auto spoke about the latest happenings in his company and the sector.
The December sales for the automobile sector have been hit due to the demonetisation. Atul Auto reported a 36.18 percent decline in sales to 2,5556 units.
Jitendra Adhia, President - Finance of Atul Auto says the VAT issue in Gujarat has been resolved in the second half of May, so volume sales will regain momentum
Speaking to CNBC-TV18, Jitendra Adhia, President Finance at Atul Auto said that weak sales will continue till this issue gets resolved but also sees it getting solved within the month of May.
In terms of geographies, Jitendra Adhia, president - finance, Atul Auto says the company enjoys a better position in Gujarat, Rajasthan, etc., but the eastern market too has started contributing well in its sales contribution
Jitendra Adhia, President Finance of Atul Auto believes the company has huge potential to grow in gasoline 3-wheeler space going forward.
Jitendra Adhia, VP Financ, Atul Auto expects second half of the year to be better with festival season and rural demand pick up.
In an interview to CNBC-TV18, Jitendra Adhia, VP-Finance, Atul Auto, discusses on the company‘s plans and future outlook.
Jitendra Adhia, Vice President of Atul Auto speaks about the company's sales performance in February. Speaking about growth plans, Adhia said the company is debt free and can maintain double digit growth. A capex of Rs 150 crore in near term is also a possiblibility, he said.
JV Adhia, VP Accounts & Finance, Atul Auto and Basudev Banerjee, AVP-Research, Antique Stock Broking spoke about the outlook on the auto space with Anuj Singhal and Latha Venkatesh on CNBC-TV18.
In an interview to CNBC-TV18, Jitendra Adhia, VP- Finance, Atul Auto, said improvement in realisations has come in on account of better product mix. He expects the margins to improve with deeper penetration and better product positioning.
JV Adhia, Vice President, Finance, Atul Auto expects a 20 percent revenue growth in the second quarter of the fiscal with improved demand seen in the festive season.
Atul Auto is likely to introduce 350 KG capacity gasoline three-wheeler in 2014 which can be used with alternate fuel options as well like CNG, LPG, to help company cater urban as well as export market.
Vijay Kedia, director of the Rajkot-based auto company, in an exclusive interview, said, "the company had exposure only in the three-wheeler space. Hence, we are diversifying portfolio to high-growth businesses."