India, Nov. 15 -- Electric vehicle (EV) startup Pure EV net profit for the fiscal year FY25 zoomed to INR 2.5 Cr, growing multifold from INR 5 Lakh PAT reported in the previous fiscal year.

In the fiscal year under review, Pure EV's operating revenue increased 9% to INR 134.9 Cr from INR 123.6 Cr in FY24. Including other income of INR 2.5 Cr, Pure EV's total income stood at INR 137.4 Cr in FY25.

In this, sales of EVs contributed INR 123.3 Cr, making up more than 90% of the operating revenue. The startup exported EVs worth INR 38.9 Lakh in the fiscal year. Besides EV sales, income from sale of batteries stood at INR 3 Cr.

Founded in 2015 by Nishanth Dongari and Rohit Vadera, Pure EV manufactures and sells two wheeler EVs under the Pure ...