VMPL
New Delhi [India], June 3: Delta Autocorp Limited has announced a strong financial performance for H2 FY25, reporting a 70% half-on-half (HoH) rise in revenue from operations, reaching Rs52.34 crore. The company also posted a significant jump in profitability, with EBITDA and PAT increasing by 93% and 105% respectively.
Strategic & Operational Highlights
* PAT Doubles: Profit After Tax more than doubled in H2 FY25 to Rs587.64 lakhs, driven by improved operational efficiency, strategic cost optimization, and high-margin orders.
* Regulatory Milestones:
* Approval received for L3 Category (Electric Three-Wheelers) with Lithium battery (64V configuration).
* Approvals also secured for Trento+ and Infinia (RTO-approved Electric Two-Wheelers), expanding the company’s product portfolio.
* Product Pipeline: Launch of Superion, Deltic’s flagship electric motorcycle, is on track for FY25, reinforcing its position in the RTO-approved 2W EV segment.
* Government Orders: Received follow-on work-orders from the Assam Government for the supply of 402 E-Garbage Carts, highlighting public sector confidence in Deltic’s offerings.
* Strategic Partnerships:
* Exclusive collaboration with Rapido as its one of the first EV partners.
* This enables our customers to earn income from Day 1 via a platform operating in 150+ cities with 100M+ completed rides–enhancing buyer-confidence, boosting conversion, and improving loan eligibility.
* Retail Expansion:
* Successful launch of the company’s first COCO outlet in Mihijam, Jharkhand.
* Attracted over 200 visitors and facilitated 150+ test rides on the day of opening–demonstrating robust demand and market readiness.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.