PIONEER EDGE NEWS SERVICE
Tunwal E-Motors Limited (NSE: INE0OXV01027), a publicly listed electric mobility company focused on electric two-wheelers, announced its audited results for the financial year ended March 31, reporting a strong performance driven by expanding market presence, deeper distribution reach, and growing demand for electric mobility solutions across India.
For FY 2025-26, the company reported revenue from operations of Rs 276.84 crore, registering a robust 55 per cent year-on-year growth compared to Rs 178.59 crore in the previous financial year. Profit Before Tax (PBT) stood at Rs 17.02 crore, while Profit After Tax (PAT) increased to Rs 12.73 crore. Consolidated Earnings Per Share (EPS) stood at Rs 2.21 per share, reflecting continued value creation for shareholders. The company’s consolidated net worth strengthened to Rs 125.74 crore, providing a strong foundation to support future growth initiatives and expansion plans.
The performance was driven by continued expansion of Tunwal’s dealer network, increased penetration across Tier II and Tier III cities, particularly in eastern India, and sustained investments in financing accessibility, after-sales service and customer support infrastructure. These efforts have enabled the company to strengthen its presence across key markets while enhancing the overall ownership experience for EV consumers.
Commenting on the results,. Jhumarmal Tunwal said, “FY2025-26 has been a significant year for Tunwal, marked by strong business growth and continued progress in strengthening our operational capabilities. While the EV industry continues to evolve rapidly, our focus remains on building a scalable and customer-centric ecosystem that supports wider electric vehicle adoption across India. We remain committed to expanding our reach, enhancing customer experience and investing in innovation that creates long-term value for all stakeholders.”
India’s electric mobility sector continued to witness strong momentum during FY 2025-26, supported by increasing consumer awareness, favourable policy initiatives, rising fuel costs and growing acceptance of sustainable transportation solutions. According to industry estimates, the electric two-wheeler segment recorded growth of approximately 22 per cent during the year. Against this backdrop, Tunwal’s 55 per cent revenue growth significantly outpaced the broader market, underscoring the company’s growing brand acceptance, strengthening distribution capabilities and ability to capitalize on evolving market opportunities despite a competitive landscape marked by subsidy transitions, pricing pressures and changing consumer preferences.
