Battery Smart Secures USD 15 Million Debt from Mirova to Expand BaaS Network
The funding will be used to strengthen the company’s presence in key urban and semi-urban markets.
The funding will be used to strengthen the company’s presence in key urban and semi-urban markets.
The company said revenue growth was driven by strong demand from OEMs and ramp-up of greenfield facilities.
Sequential volume growth was in high single digits, driven by market share gains and distribution execution.
For full year FY26, the company posted a net profit of ₹697 crore, marking an 18.6% increase on-year.
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The company aims to achieve net-zero emissions by 2050.
Profitability weakened as EBIT margin fell to 2%, hit by €2.7 billion in restructuring provisions tied to job cuts, ma...