| Particulars (Rupees in Crores.) | Dec-2024 | Dec-2023 |
|---|---|---|
Gross Sales | 3,903 | 3,412 |
Excise Duty | 0 | 0 |
Net Sales | 3,903 | 3,412 |
Other Operating Income | 0 | 0 |
Other Income | 301 | 160 |
Total Income | 4,204 | 3,572 |
Total Expenditure | 4,970 | 4,373 |
PBIDT | -766 | -801 |
Interest | 244 | 125 |
PBDT | -1,010 | -926 |
Depreciation | 396 | 242 |
Minority Interest Before NP | 0 | 0 |
Tax | 0 | 0 |
Deferred Tax | 0 | 0 |
Reported Profit After Tax | -1,406 | -1,168 |
Minority Interest After NP | 0 | 0 |
Net Profit after Minority Interest | -1,406 | -1,168 |
Extra-ordinary Items | -23 | -6 |
Adjusted Profit After Extra-ordinary item | -1,383 | -1,162 |
EPS (Unit Curr.) | -3.45 | -5.97 |
Book Value (Unit Curr.) | 0 | 0 |
Dividend (%) | 0 | 0 |
Equity | 4,411 | 1,955 |
Public Shareholding (Number) | 0 | 0 |
Public Shareholding (%) | 0 | 0 |
Pledged/Encumbered - No. of Shares | 0 | 0 |
Pledged/Encumbered - % in Total Promoters Holding | 0 | 0 |
Pledged/Encumbered - % in Total Equity | 0 | 0 |
Non Encumbered - No. of Shares | 0 | 0 |
Non Encumbered - % in Total Promoters Holding | 0 | 0 |
Non Encumbered - % in Total Equity | 0 | 0 |
PBIDTM(%) | -19.62 | -23.47 |
PBDTM(%) | -25.87 | -27.13 |
PATM(%) | -36.02 | -34.23 |
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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