| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 53.14 | 241.1% |
| Total Income | 55.74 | 211.9% |
| Expenditure | 51.32 | 183.4% |
| PBT | 4.42 | 209.1% |
| Net Profit | 2.18 | 68.7% |
| OPM | -6.57% | |
| NPM | 4.76% | |
| EPS | 0.14 | 1300.0% |
Ravindra Energy Announces Business Update for Renewable Energy and Electric Vehicle Segments
11 Feb 2025 · 11 Feb 2025, 07:19 pm
Summary
Ravindra Energy Limited has announced a business update for its Renewable Energy and Electric Vehicle businesses. The renewable energy business focuses on generation, park development, trading, and solar electrification of rural feeders. The company has 42 MW operating, 130 MW under construction, and 100 MW under development. The electric vehicle business is set to commercially roll out in May 2025, with electric tractors, swappable batteries, and swapping/charging infrastructure. The company has also initiated a trial for heavy electric vehicles and battery leasing.
Key Highlights
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Ravindra Energy announces business update for Renewable Energy and Electric Vehicle segments
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42 MW operating, 130 MW under construction, and 100 MW under development in Renewable Energy business
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Electric Vehicle business to commercially roll out in May 2025
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Company focuses on electric tractors, swappable batteries, and swapping/charging infrastructure in Electric Vehicle segment
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Initiated trial for heavy electric vehicles and battery leasing in Electric Vehicle segment
Management Comments
Madhukar Shipurkar
The details of the above-described business update and earnings results of Quarter Ended December 31, 2024 are provided as enclosure to this letter as ‘Annexure - I’.
Informational and educational content only. Not investment advice.