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Wardwizard Innovations & Mobility Ltd Q4 FY25 Results

WARDINMOBIQ4 FY25 Results
Filing
MetricValue (₹ Cr)vs Q3 FY25
Revenue109.0726.4%
Total Income109.1726.3%
Expenditure99.5120.8%
PBT9.66139.7%
Net Profit6.4568.6%
OPM17.17%22.19pp
NPM5.90%1.47pp
EPS0.2566.7%
View full financials

Wardwizard Innovations & Mobility Reports Consolidated EBITDA Growth of 62% YoY in Q4FY25

02 May 2025 · 2 May 2025, 01:55 am

Summary

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 FY’ 2024-2025. The company reported a 62% YoY rise in PAT and a 14.89% YoY increase in EBITDA for Q4FY25. Despite a slight decline in annual revenues, EBITDA rose 14% YoY. The company expanded its electric fleet, launched new vehicles, and formed partnerships to scale mobility and charging solutions.

Key Highlights

  1. 1

    Q4 EBITDA grew 86.76% YoY and margins expanded by 939 bps

  2. 2

    PAT rose 62% and PAT margin improved by 281 bps

  3. 3

    Over 400 two-wheelers deployed in Kolkata, Pune, and Ahmedabad

  4. 4

    Launched L5 passenger e-rickshaws in Maharashtra

  5. 5

    Partnerships with SpeedForceEV, AmpVolts, and Cabeys to scale mobility and charging solutions

Management Comments

M

Mr Yatin Sanjay Gupte

We closed FY25 on a strong note, with 04 EBITDA growing 86.76% YoY and margins expanding by 939 bps, alongside a 62% rise in PAT and a 281 bps improvement in PAT margin. While annual revenues saw a slight decline, EBITDA rose 14% YoY. During the year, we expanded our electric fleet with over 400 two-wheelers deployed in Kolkata, Pune, and Ahmedabad, and launched L5 passenger e-rickshaws in Maharashtra. Partnerships with SpeedForceEV, AmpVolts, and Cabeys are helping scale mobility and charging solutions across key markets. wy 5 % 1 = & wizard ehh ward nnovations & Mobility Limited We remain focused on enhancing accessibility and scale. Price reductions across key models, a growing charging network, and progress on the $1.29 billion EV partnership in the Philippines are driving momentum. Amid a challenging industry backdrop, our profitable performance, sustained for five consecutive years, sets us apart and reinforces the strength of our strategy. With continued innovation and targeted execution, we are building a stronger foundation for long-term growth

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