Azad India Mobility Limited Reports Strong Q3FY26 Results and Completes Regulatory Publication
Azad India Mobility Limited demonstrated remarkable financial turnaround in Q3FY26 with net profit of Rs. 65.48 lakhs against loss of Rs. 23.31 lakhs in Q3FY25, while revenue from operations reached Rs. 2,867.72 lakhs from nil in the previous year. The EV luxury bus manufacturer also completed regulatory compliance by publishing financial results in newspapers as required under SEBI regulations.

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Azad India Mobility Limited has announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, demonstrating a strong operational turnaround. The Board of Directors approved these results in their meeting held on February 06, 2026, and subsequently completed mandatory newspaper publication requirements.
Financial Performance Highlights
The company's financial performance showed remarkable improvement across key metrics during the third quarter of FY26:
| Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Net Sales/Income from Operations: | Rs. 2,867.72 lakhs | Nil | Significant growth |
| Total Income: | Rs. 2,913.84 lakhs | Rs. 20.85 lakhs | Substantial increase |
| Net Profit/(Loss): | Rs. 65.48 lakhs | (Rs. 23.31 lakhs) | Turnaround to profit |
| Basic EPS: | Rs. 0.12 | (Rs. 0.08) | Positive earnings |
Nine-Month Performance
For the nine-month period ended December 31, 2025, the company maintained its strong performance trajectory:
| Parameter: | 9M FY26 | 9M FY25 | Performance |
|---|---|---|---|
| Revenue from Operations: | Rs. 5,617.83 lakhs | Nil | Strong operational scale-up |
| Total Income: | Rs. 5,703.18 lakhs | Rs. 91.42 lakhs | Significant growth |
| Net Profit/(Loss): | Rs. 95.78 lakhs | (Rs. 27.75 lakhs) | Profitable operations |
| Basic EPS: | Rs. 0.18 | (Rs. 0.10) | Positive earnings per share |
Regulatory Compliance and Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its unaudited standalone and consolidated financial results in newspapers on February 08, 2026. The results were published in Active Times (English Version) and Mumbai Lakshadeep (Marathi Version), ensuring compliance with regulatory disclosure requirements.
Operational Expenses and Business Focus
The company's expense structure for Q3FY26 reflected its operational scale-up. Cost of materials consumed stood at Rs. 1,742.23 lakhs, while changes in inventories accounted for Rs. 870.18 lakhs. Employee benefits expense was Rs. 42.30 lakhs compared to Rs. 9.64 lakhs in the corresponding quarter of the previous year. According to the financial statements, Azad India Mobility Limited is engaged in the business of manufacturing EV luxury buses and related activities.
Capital Structure and Consolidated Results
The company's paid-up equity share capital stood at Rs. 5,444.32 lakhs with a face value of Rs. 10 per share as of December 31, 2025. The consolidated financial results, which include the performance of subsidiary NAE Mobility Private Limited, showed similar positive trends with consolidated net profit for Q3FY26 at Rs. 65.81 lakhs compared to a loss of Rs. 23.31 lakhs in the corresponding quarter of the previous year.
Historical Stock Returns for Azad India Mobility
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | +1.68% | -11.90% | -30.82% | -2.31% | +377.82% |

































