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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)
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