Zelio E-Mobility’s Net Profit Zooms 2.6X YoY To ₹31 Cr In H1

BSE SME-listed electric vehicle (EV) maker Zelio E-Mobility’s consolidated net profit surged 164.3% to ₹31.4 Cr in the first half (H1) of the fiscal year 2026-27 (FY27) compared to ₹11.9 Cr in the year-ago period. Its bottom line also jumped 90.1% from ₹16.5 Cr in H2 FY26.
Operating revenue also grew 120% to ₹296.7 Cr in H1 FY27 as against ₹134.8 Cr during the corresponding period last fiscal.
Including other income of ₹3.1 Cr, Zelio Mobility’s total revenue stood at ₹299.8 Cr for the period under review.
Meanwhile, total expenses more than doubled to ₹261.5 Cr for the half-yearly period ended September 2026 from ₹121.4 Cr in H1 FY26.
Zelio also incurred ₹6.9 Cr in tax expenses in H1 FY27. Of this, ₹6.6 Cr was attributable to current tax expenditure, while the remaining ₹23.2 Lakh pertained to deferred taxes.
(The story will be updated shortly)
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