Business Update29 May 2026, 07:22 pm
Kinetic Engineering EV Revenue Rises to ₹158 Cr
AI Summary
Kinetic Engineering Ltd reports increased revenue for its EV arm, Kinetic Watts & Volts Ltd, reaching ₹158 crores compared to ₹142 crores last year. The Kinetic DX won the 'Viewer’s Choice – EV Scooter of the Year' award. The company has expanded to 20 dealerships across multiple states and plans to add 24 more by June-end. The auto components business reported revenue of ₹150 crores. The company anticipates substantial new business aligned with its projected growth.
Key Highlights
- Kinetic Engineering EV revenue increased to ₹158 crores from ₹142 crores YoY.
- Kinetic DX wins 'Viewer’s Choice – EV Scooter of the Year' award.
- Expanded EV dealership network to 20 locations, planning 24 more by June-end.
- Auto components business reports revenue increase to ₹150 crores.
- Expects substantial new business to further strengthen automotive components segment.
Price Impact
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