DSIJ Mindshare

The purpose of this distinguished gathering is to delve into meaningful collaborative opportunities to facilitate business expansion plans in EV manufacturing, address, challenges tied to establishing a robust charging infrastructure, and foster mutually beneficial partnerships.

According to the quarterly results, the net sales increased by 148.35 per cent to Rs 79.57 crore and net profit skyrocketed by 1,038.90 per cent to Rs 4.10 crore in Q1FY24 over Q1FY23. The profit was boosted by higher revenues amid demand for smart power solutions equipment.

Additionally, the company also announced its quarterly results wherein revenue from operations grew by 148.34 per cent to Rs 79.57 crore, EBITDA skyrocketed by 415.47 per cent to Rs 7.13 crore and PAT skyrocketed by 1,056.34 per cent to Rs 4.10 crore in Q1FY24 compared to Q1FY23.

According to the annual results, the net sales increased by 87.63 per cent to Rs 269.57 crore and net profit increased by 173.43 per cent to Rs 11.04 crore in FY23 over FY22. 

The net sales increased by 125.81 per cent to Rs 115.31 crore and net profit increased by 364.62 per cent to Rs 6.04 crore in Q4FY23 over Q4FY22. The net sales increased by 87.63 per cent to Rs 269.57 crore and net profit increased by 173.43 per cent to Rs 11.04 crore in FY23 over FY22.