Wardwizard Innovations & Mobility Limited Clocks Consolidated EBITDA of Rs. 86.47 million in Q1FY’26, Records YoY growth of 15.47%

Wardwizard Innovations & Mobility Limited, a leading manufacturer of electric vehicles under the brands 'Joy e-bike’ and ‘Joy e-rik’, announced its financial results for Q1 of FY’26 (April-June 2025). The company recorded a consolidated EBITDA of Rs. 86.47 million, marking a YoY growth of 15.47%. The standalone Q1 FY26 financials showed a 24.66% decrease in revenue, while the consolidated financials showed a 28.29% increase. The company's PAT and EPS also saw a decrease in the standalone and consolidated categories. Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations and Mobility Ltd, expressed optimism about the future, citing strategic progress and a healthy pipeline.