New Delhi, Feb. 9 -- Atul Auto, a leading player in the Indian three-wheeler market, saw its shares surge by 13% to a three-month high of Rs.503 apiece, as investors appeared to be cheered by the company's December quarter performance, which was released on Saturday.

The company reported a consolidated net profit of Rs.14.6 crore in Q3FY26, a sharp 105% improvement over Rs.7.12 crore and an 76.5% jump from Rs.8.27 crore posted in the September quarter. This strong growth was aided by better operating performance, as EBITDA gained 64.7% to Rs.28 crore, with EBITDA margins expanding by 300 basis points YoY to 12%.

Its consolidated revenue from operations came in at Rs.231 crore, compared with Rs.195 crore, showing an improvement of 18.5%....