Atlas Honda Limited (ATLH) has posted an impressive 75.2% YoY increase in profit

Atlas Honda Limited (ATLH) has posted an impressive 75.2% YoY increase in profit after tax, reaching Rs10.65 billion for the nine months ending December 31, 2024, up from Rs6.08 billion last year.

The company’s revenue rose 27.2% to Rs146.86 billion, driving a 79.1% increase in gross profit to Rs14.01 billion. Despite a 23.5% rise in costs, strong sales and better operational efficiency boosted profitability.

Operating expenses increased, but a 408.4% rise in the share of profit from an associate and higher other income helped offset costs. Atlas Honda’s performance underscores its market leadership.