| Particulars (Rupees in Crores.) | Mar-2025 | Mar-2024 | Mar-2023 | Mar-2022 | Mar-2021 |
|---|---|---|---|---|---|
Gross Sales | 4,514 | 5,010 | 2,630.93 | 373.42 | 0.86 |
Excise Duty | 0 | 0 | 0 | 0 | 0 |
Net Sales | 4,514 | 5,010 | 2,630.93 | 373.42 | 0.86 |
Other Operating Income | 0 | 0 | 0 | 0 | 0 |
Other Income | 418 | 233 | 151.77 | 82.84 | 105.22 |
Total Income | 4,932 | 5,243 | 2,782.7 | 456.26 | 106.08 |
Total Expenditure | 6,276 | 6,283 | 3,979.8 | 1,173.81 | 284.9 |
PBIDT | -1,344 | -1,040 | -1,197.1 | -717.55 | -178.82 |
Interest | 366 | 186 | 107.92 | 17.62 | 0.79 |
PBDT | -1,710 | -1,226 | -1,305.02 | -735.17 | -179.61 |
Depreciation | 566 | 358 | 167.06 | 48.98 | 19.62 |
Minority Interest Before NP | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 |
Deferred Tax | 0 | 0 | 0 | 0 | 0 |
Reported Profit After Tax | -2,276 | -1,584 | -1,472.08 | -784.15 | -199.23 |
Minority Interest After NP | 0 | 0 | 0 | 0 | 0 |
Net Profit after Minority Interest | -2,276 | -1,584 | -1,472.08 | -784.15 | -199.23 |
Extra-ordinary Items | -23 | -6 | -96.42 | 0 | 0 |
Adjusted Profit After Extra-ordinary item | -2,253 | -1,578 | -1,375.66 | -784.15 | -199.23 |
EPS (Unit Curr.) | -5.48 | -8.1 | -7.52 | -4.01 | -2,01,012 |
Book Value (Unit Curr.) | 0 | 0 | 0 | 0 | 0 |
Dividend (%) | 0 | 0 | 0 | 0 | 0 |
Equity | 4,411 | 1,955 | 1,955.45 | 1,955.45 | 0.01 |
Public Shareholding (Number) | 0 | 0 | 0 | 0 | 0 |
Public Shareholding (%) | 0 | 0 | 0 | 0 | 0 |
Pledged/Encumbered - No. of Shares | 0 | 0 | 0 | 0 | 0 |
Pledged/Encumbered - % in Total Promoters Holding | 0 | 0 | 0 | 0 | 0 |
Pledged/Encumbered - % in Total Equity | 0 | 0 | 0 | 0 | 0 |
Non Encumbered - No. of Shares | 0 | 0 | 0 | 0 | 0 |
Non Encumbered - % in Total Promoters Holding | 0 | 0 | 0 | 0 | 0 |
Non Encumbered - % in Total Equity | 0 | 0 | 0 | 0 | 0 |
PBIDTM(%) | -29.77 | -20.75 | -45.5 | -192.15 | -20,793.02 |
PBDTM(%) | -37.88 | -24.47 | -49.6 | -196.87 | -20,884.88 |
PATM(%) | -50.42 | -31.61 | -55.95 | -209.99 | -23,166.27 |
The campaign will continue until October 1, with fresh booking slots opening daily at special Muhurat times.
Government projections indicate that electric scooters could account for nearly 80% of sales by 2030, while electric motorcycles may reach only around 10%.
Though scooters aggregate about one-third of the total two-wheeler market of India, EV’s have only about 15% share in the industry.
As of the quarter ended June 2025, foreign institutional investors owned about 34.70% equity holding in the company.
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The total exit value for both South Korean automakers stands at nearly ₹690 crore.
The company has introduced a trial of the service in Bangalore, followed by a phased deployment across India by June 2025.
Though two-wheeler sales remained subdued in February but electric models witnessed resilience in March. Bajaj, TVS, and Ola topped the charge.
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