Financial Performance (Quarter Ended September 30, 2026)
- Revenue from Operations: ₹1,773.64 lakhs (compared to ₹145.31 lakhs in Q2 FY26)
- Other Income: ₹14.94 lakhs (compared to ₹55.41 lakhs in Q2 FY26)
- Total Income: ₹1,788.58 lakhs (compared to ₹200.72 lakhs in Q2 FY26)
- Purchase Cost: ₹1,219.50 lakhs
- Changes in Inventory: (₹544.48) lakhs
- Direct Expenses: ₹555.66 lakhs
- Employee Benefits Expenses: ₹43.36 lakhs
- Finance Costs: ₹166.40 lakhs
- Depreciation and Amortization: ₹146.79 lakhs
- Other Expenses: ₹69.41 lakhs
- Total Expenses: ₹1,656.64 lakhs
- Profit Before Tax: ₹131.95 lakhs (compared to loss of ₹11.52 lakhs in Q2 FY26)
- Tax Expense: ₹17.15 lakhs (Deferred Tax)
- Profit After Tax: ₹114.80 lakhs (compared to ₹21.07 lakhs in Q2 FY26)
- Other Comprehensive Income: (₹0.48) lakhs
- Total Comprehensive Income: ₹114.33 lakhs
- Earnings Per Share (Basic): ₹0.45
- Earnings Per Share (Diluted): ₹0.45
Financial Performance (Half Year Ended September 30, 2026)
- Revenue from Operations: ₹3,074.35 lakhs (compared to ₹247.49 lakhs in H1 FY26)
- Other Income: ₹46.73 lakhs (compared to ₹96.19 lakhs in H1 FY26)
- Total Income: ₹3,121.08 lakhs (compared to ₹343.68 lakhs in H1 FY26)
- Total Expenses: ₹2,868.96 lakhs
- Profit Before Tax: ₹252.13 lakhs (compared to loss of ₹17.62 lakhs in H1 FY26)
- Tax Expense: ₹28.48 lakhs (Deferred Tax)
- Profit After Tax: ₹225.08 lakhs (compared to loss of ₹10.99 lakhs in H1 FY26)
- Other Comprehensive Income: (₹0.48) lakhs
- Total Comprehensive Income: ₹224.60 lakhs
- Earnings Per Share (Basic): ₹0.88
- Earnings Per Share (Diluted): ₹0.88
Balance Sheet Position (As of September 30, 2026)
- Total Assets: ₹11,655.04 lakhs (compared to ₹10,471.67 lakhs as of March 31, 2026)
- Non-Current Assets: ₹4,880.10 lakhs (including Property, Plant and Equipment: ₹2,359.78 lakhs, Right-to-use: ₹1,255.19 lakhs)
- Current Assets: ₹6,774.94 lakhs (including Inventories: ₹785.00 lakhs, Trade Receivables: ₹2,615.95 lakhs)
- Equity: ₹5,262.34 lakhs (Equity Share Capital: ₹2,571.09 lakhs, Other Equity: ₹2,691.25 lakhs)
- Non-Current Liabilities: ₹3,560.60 lakhs (Borrowings: ₹3,458.76 lakhs)
- Current Liabilities: ₹2,832.10 lakhs (Borrowings: ₹1,289.37 lakhs)
Cash Flow Statement (Half Year Ended September 30, 2026)
- Net Cash Flow from Operating Activities: (₹1,383.81) lakhs
- Net Cash Flow from Investing Activities: ₹1,607.95 lakhs
- Net Cash Flow from Financing Activities: (₹239.91) lakhs
- Net Decrease in Cash: (₹15.76) lakhs
- Cash and Cash Equivalents at End: ₹0.78 lakhs
Segment Information
The company operates in electric vehicle chargers and charging stations sales/services and fleet operations for electric passenger cars and commercial trucks.
Quarter Ended September 30, 2026:
- Sale of Products Revenue: ₹744.90 lakhs
- Sale of Services Revenue: ₹1,028.73 lakhs
- Sale of Products Segment Result: ₹69.88 lakhs
- Sale of Services Segment Result: ₹473.07 lakhs
Half Year Ended September 30, 2026:
- Sale of Products Revenue: ₹1,273.57 lakhs
- Sale of Services Revenue: ₹1,800.79 lakhs
- Sale of Products Segment Result: ₹77.04 lakhs
- Sale of Services Segment Result: ₹975.06 lakhs
Additional Information
- The financial results were reviewed by MYSP & Associates LLP, Chartered Accountants
- The Limited Review Report was issued by CA Karan Arvind Saitwal (Partner)
- The results have been prepared in accordance with Ind AS 34 'Interim Financial Reporting'
- Figures for earlier periods have been regrouped/reclassified/restated for comparability
- Paid-up Equity Share Capital remains unchanged at ₹2,571.09 lakhs (Face Value of ₹10 each)