DSIJ Mindshare

The current net order book stands at 10,224 buses after delivering 282 buses in Q3 FY'25.

In Quarterly Results of Q3 FY23–24, the company saw a significant surge in revenue, reaching Rs 342.14 crore, up by 33 per cent from the previous year, primarily driven by increased deliveries, with a total of 1615 electric vehicles delivered. The Profit After Tax (PAT) stood at Rs 27.11 crores, showing a substantial 77 per cent increase.

The stock gave multibagger returns of 112 per cent in just 1 year and over 1,900 per cent returns in 3 years.

The company reported amazing numbers in its quarterly results and annual results. The net sales increased by 83.86 per cent to Rs 1,090.76 crore and net profit increased by 87.60 per cent to Rs 64.25 crore in FY23 over FY22. Investors should keep an eye on this electric bus manufacturing company.

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