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.
Darshan Nakhwa and Ketan Thakkar
28 Apr 2026
India's largest car manufacturer expects GST-led affordability gains to sustain demand.
Read moreThe 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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