Maharashtra, May 29 --

Tunwal E-Motors Ltd (NSE - Tunwal), a leading electric two-wheeler manufacturer in India, has delivered an outstanding performance in FY 2024-25 with a 75.17% increase in revenue , totaling Rs.184.86 crore , compared to Rs.105.53 crore in the previous fiscal year. This significant growth highlights the company's strong foothold in the rapidly evolving electric mobility space.

Tunwal also reported a net profit of Rs.11.85 crore for FY25, with Earnings Per Share (EPS) at Rs.2.32 . The Board of Directors declared a final dividend of Rs.0.10 per share, reflecting confidence in the company's long-term growth and profitability.

Strong H2 Performance and Channel Expansion

In the second half of FY25 alone, Tunwal registered Rs.109.41 crore in revenue , representing a robust 82.28% year-on-year growth . Net profit for the period stood at Rs.6.47 crore. This performance is backed by growing demand, expanding dealer networks, and rising brand trust.

Successful Participation at Auto Cluster Expo 2025 | Strengthens Market Expansion with 200+ units B2B Orders at Auto Cluster Expo

Tunwal's impactful participation at the Auto Cluster Expo 2025 , held from 23rd to 25th May 2025 , showcased the company's momentum in both consumer and business segments.

Tunwal generated direct and measurable returns. On the B2B front , over 200 electric two-wheeler orders were placed by dealers, with exclusive rewards offered on select volumes . Additionally, 2 vehicles were sold directly to consumers (B2C) , validating rising walk-in interest and market pull.

Continued Focus on Growth and Accessibility

Established in 2018, Tunwal E-Motors has introduced over 28 models tailored to India's diverse mobility needs, supported by a network of 330+ dealers across major states pan India.

Tunwal continues to enhance customer experience, product innovation, and operational excellence. As of 27 May 2025, the company's share price stood at Rs.32.2 with a market capitalisation of Rs.178 crore , reflecting investor confidence in its vision and execution.

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Published by HT Digital Content Services with permission from PNN.