RattanIndia Enterprises ' subsidiary Revolt Motors launched the RVX, its most powerful electric bike yet, at an introductory price of ₹1.24 lakh. The launch, announced on July 02, 2026, positions the RVX as a performance-oriented offering designed to cater to a generation seeking technology and individuality. The bike is available across over 200 dealerships nationwide, ensuring broad market access for customers.

Key Specifications and Features

The RVX is engineered around a new 4 kW Mid-Drive PMSM motor that delivers a peak output of 5.3 kW and up to 230 Nm of torque at the wheel. It accelerates from 0 to 40 kmph in 3.9 seconds and reaches 90 kmph in the all-new Boost Mode. The motorcycle is equipped with a 3.24 kWh removable NMC battery, offering an IDC range of 160 kilometres on a single charge, and supports fast charging from 0 to 80 per cent in 80 minutes.

Availability and Pricing

Following the implementation of the new Delhi EV Policy, customers in Delhi can purchase the RVX at an effective ex-showroom price of ₹94,990. The bike is available in Pearl Black, Electric Blue, and Eclipse Red. Revolt Motors also unveiled a new brand campaign, 'India Karega Revolt', featuring brand ambassador Hardik Pandya, to celebrate the launch.

Mrs. Anjali Rattan, Chairperson of RattanIndia Enterprises Limited, stated that the RVX embodies the spirit of a generation that expects technology to excite and inspire. The company highlighted that the bike combines Indian engineering with sustainable mobility solutions.

RattanIndia Enterprises reported a consolidated net loss of ₹1,663.47 crore for the financial year ended March 31, 2026, a significant decline from the net profit of ₹807.15 crore recorded in the previous year. The loss was primarily driven by the recognition of unrealised fair value losses amounting to ₹1,723.62 crore on its investment in RattanIndia Power Limited, which was reclassified as an associate in March 2026. Despite the bottom-line contraction, the company's total income increased by 10% to ₹75,369.86 crore for FY26, up from ₹68,761.12 crore in FY25, bolstered by robust performance in its e-commerce segment. On a quarterly basis, the company showed improvement, with Q4 net loss narrowing to ₹110.01 crore from a loss of ₹358.51 crore in the same period last year.

Q4 Financial Performance

The latest quarterly results reflect a meaningful improvement in RattanIndia Enterprises' financial trajectory. Q4 revenue grew to ₹16,966.27 crore compared to ₹15,045.61 crore in the corresponding quarter of the previous year, indicating continued momentum in the company's core business operations. EBITDA loss for the quarter also narrowed significantly to ₹101.01 crore from a loss of ₹276.53 crore year-on-year, suggesting improving operational efficiency at the quarterly level.

Annual Financial Performance

The company's consolidated financial results, audited by statutory auditor M/s Walker Chandiook & Co LLP, revealed a sharp contrast in profitability metrics for the full year. Revenue from operations stood at ₹75,305.14 crore, compared to ₹68,663.46 crore in the prior year. However, total expenses rose to ₹77,011.63 crore from ₹67,242.01 crore, impacted by fair value losses and increased operational costs. The retail e-commerce business remained the primary revenue driver, contributing ₹73,684.02 crore to segment income, while the EV segment reported an income of ₹1,359.77 crore.

Operational Highlights

During the year, RattanIndia Enterprises expanded its global footprint by incorporating Neorise Global Trading L.L.C-S.O.C in Dubai to pursue e-commerce activities in the Middle East. The subsidiary entered into an agreement with Noon, a regional e-commerce platform. The company also subscribed to additional equity capital worth ₹3,500 million in its wholly-owned subsidiary, Neobrands Limited. Additionally, the company transferred its shareholding in Cocoblu Retail Limited to Neobrands, though Cocoblu remains a wholly-owned step-down subsidiary with no change in ultimate ownership.

Strategic Developments

A key strategic shift occurred during the fiscal year regarding the company's investment in RattanIndia Power Limited (RPL). Until March 24, 2026, the investment was accounted for as a financial asset measured at fair value through profit or loss. Effective March 25, 2026, upon obtaining significant influence, RPL was classified as an associate and accounted for using the equity method. This transition resulted in the recognition of the unrealised fair value losses that heavily impacted the net profit for the period. The Board of Directors approved these financial results at its meeting held on May 29, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE834M01019/27ecf256861f45b2.pdf