Wardwizard Innovations & Mobility Ties Up with Bajaj Allianz to Offer Insurance Policies to Joy e-Bike customers equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Wardwizard Innovations & Mobility announced its sales figures for month of May 2021.
Amidst multiple lockdowns across states due to the pandemic s severe second wave, the Company has registered sales of 479 electric two-wheelers during the month since many customers postponed purchase decisions.
Significantly, the Company has received booking orders for more than 2100 units, backed by high demand for low-speed electric two-wheelers.
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Wardwizard, which used to source around 40 per cent of components for its product range from abroad, is now looking at 100 per cent localisation content for its upcoming product range.
Vadodara (Gujarat) [India], May 12 (ANI/NewsVoir): Wardwizard Innovations and Mobility Ltd. (BSE Code: 538970), one of the leading manufacturers of electric two-wheeler Joy E-bike today, announced its financial result for the fourth quarter ended March 21 of the financial year 2021.
Record sales of over 1.6K units of electric vehicles registered in Q4 21. Wardwizard board recommends 5 per cent Dividend.
Quarterly Financial Results Highlights: Q4FY21 vs. Q3FY21 -
Q-o-Q Revenue growth of over 44.2 per cent - Rs 170.9 million reported in Q4FY21 as against Rs 118.6 million in the Q3FY21
Q-o-Q EBITDA growth of over 84.1 per cent - Rs 16.0 million reported in Q4FY21 as against Rs 8.7 million in the Q3FY21
Wardwizard Innovations & Mobility Ltd Board recommends Final Dividend of Rs 0 05 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.