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Atul Auto on Thursday said it has clocked 60 per cent jump in its sales at 19,406 units in FY 11, as against 12,345 units over the year ago period.
“At the beginning of the year we had projected a growth of 50 per cent on sales, but we beat our own estimate and achieved 60 per cent growth due to better market conditions and increasing dealer network. We have grown substantially higher than the industry, which grew 18 per cent,” said Mr Vijay Kedia, Director, Atul Auto.
“All our brands have been doing well. We see great market potential for our vehicles. Taking into consideration the growing demands, especially in the semi-urban and rural markets, the sales are likely to grow substantially up further in the current year,” he added.
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