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AKWEL Reports 32.3% Decline in Net Income in 2024 Amid Market Challenges

AKWEL Reports 32.3% Decline in Net Income in 2024 Amid Market Challenges

autherArunima Pal     calendar03 Apr 2025

AKWEL attributed its financial decline to inflationary pressures on raw materials, components, and payroll costs, compounded by an overall slowdown in market activity.

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POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

72.31%

No

 

27.69%

Total Votes : 130