At Wardwizard Innovations & Mobility Ltd., we are thrilled to announce a significant milestone in our journey. In July 2024, we successfully dispatched 1,623 units of electric two-wheelers under our brands, Joy e-bike and Joy e-rik. This achievement marks an impressive growth of over 60% compared to the 1,012 units dispatched in July 2023, demonstrating the growing demand and confidence in electric mobility.
A Record-Breaking Quarter
In addition to our strong performance in July, we are pleased to share that Q1 (April-June 2024) of FY’25 has been equally fruitful. We registered a revenue of Rs. 489.68 million, marking a YoY growth of 29.23%. This solid growth reflects our commitment to innovation, quality, and customer satisfaction, all of which continue to drive us toward achieving our goals in the rapidly expanding electric vehicle sector.
Fueling Our Growth with Innovation
Our growth is a direct result of the rising demand for electric vehicles in India. At Wardwizard, we recognize the importance of this shift towards sustainable transportation, and we are continuously working to meet the needs of our customers by expanding our reach both within India and internationally.
As the festive season approaches and with the government’s initiatives aimed at strengthening the economy through the Union Budget, we are optimistic about the continued growth of the EV industry. With these factors in play, we believe that there is ample opportunity for the industry to thrive.
A Sustainable Future Ahead
Looking ahead, we remain dedicated to providing reliable, efficient, and innovative electric vehicles to our customers. Our mission is to contribute to a greener future by making sustainable mobility solutions accessible to all. We will continue pushing the envelope, ensuring that Joy e-bike and Joy e-rik remain top choices for eco-conscious riders in India and beyond.
As we move forward, we are excited about the opportunities that lie ahead. We are confident that our continued commitment to innovation, quality, and sustainability will help us maintain the momentum we’ve built and take Wardwizard Innovations to even greater heights.