Wardwizard Innovations & Mobility restricted has achieved a gross sales landmark of 30,761 models within the final monetary yr.
Wardwizard Innovations & Mobility restricted, an Electric Vehicle (EV) manufacturing firm higher identified by the model title Joy E-Bike introduced its quarterly and annual outcomes ended March 31, 2022.
Wardwizard has achieved a gross sales landmark of 30,761 models within the final monetary yr. At the tip of This fall of FY 22, Ward Wizard’s development stood at Rs 815 mn, up 347% YoY, whereas complete income for FY 22 stood at Rs. 1,851 mn, up 369% YoY.
The firm presently has over 550 dealerships throughout India and plans to cross 2000+ sellers in one other 2-3 years. Recently, the Company added greater than 20 sellers within the state of Gujarat.
Commenting on the outcomes for FY’22, Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd, stated, “Congratulations to our 30,761 Joy e-bike family members for showing faith in us and I hope the family will keep growing multiple folds in the time to come. We are excited with the performance as the company has achieved a milestone of Rs 1851 mn, which is an outcome of our dedication and intent of doing a serious business for the growing sector.”
He added, “The country is voyaging through an evolving Electric Vehicle ecosystem, which is an integral measure of our future hence this is not being easy for us and so we are continuously innovating our products and services keeping customers’ interest in the centre. The company will continue to invest in R&D, diversify its product line, and increase its market presence in FY23. We are also planning to introduce more products this year, which will help the industry and the company both to grow together and the users will be benefited at large. The nation needs a strong EV system, which can add growth to the economy and we are committed to it.”
Source: www.financialexpress.com”