Azad India Mobility has announced a significant operational milestone, with one of its 12.5-metre electric buses successfully crossing 1,00,000 kilometres of on-road running in inter-city operations. The achievement demonstrates the robustness of the company's electric bus platform and reflects its growing operational footprint in India's sustainable public transport sector.

Milestone Achievement Details

The company's electric bus has completed the entire 1,00,000 kilometres with zero tailpipe emissions, contributing to lower urban pollution and reduced dependence on fossil fuels compared to conventional diesel buses. According to the company's operating data, the electric bus has delivered improved ride comfort, lower noise levels, and enhanced reliability, supporting a superior customer experience.

Future Expansion Plans

Building on this achievement, Azad India Mobility is targeting to scale up its electric bus operations significantly. The company aims to cumulatively achieve 1,00,000 electric bus kilometres per day across its fleet. This ambitious target is subject to route allocations, customer demand, and timely commissioning of additional vehicles.

The expansion plans align with national and state-level initiatives to promote electric mobility and expand the share of zero-emission buses in public and inter-city transportation. The company believes that sustained investment in electric buses, charging infrastructure, and supporting ecosystem will create long-term value for stakeholders while aligning with India's climate and energy-security objectives.

Strategic Significance

The milestone reflects the increasing acceptance of sustainable public transport solutions among passengers in India. The achievement positions Azad India Mobility as a key player in the country's transition towards electric mobility in the public transportation sector.

The company's focus on electric bus operations demonstrates its commitment to environmental sustainability while building operational capabilities in the growing electric vehicle market. The zero-emission performance of its buses contributes directly to reducing urban pollution and supporting India's broader environmental goals.

Azad India Mobility Limited , a manufacturer of EV luxury buses, has announced its financial results for the quarter ended September 30, 2025, showcasing significant growth and a return to profitability.

Financial Highlights

The company reported a substantial increase in net sales, reaching Rs. 1,980.66 lakhs in Q2 FY2026, compared to Rs. 769.45 lakhs in the previous quarter, marking a quarter-on-quarter growth of 157%. The total income for Q2 FY2026 stood at Rs. 2,001.36 lakhs, up from Rs. 788.69 lakhs in Q1 FY2026.

Profitability and Performance

Azad India Mobility demonstrated improved profitability, with net profit rising to Rs. 22.89 lakhs in Q2 FY2026, compared to Rs. 7.39 lakhs in Q1 FY2026. This represents a significant turnaround from the loss of Rs. 4.33 lakhs reported in the corresponding period of the previous year.

For the half-year ended September 30, 2025, the company's total income reached Rs. 2,790.06 lakhs, with a net profit of Rs. 30.29 lakhs.

Balance Sheet Strengthening

The company's financial position has strengthened considerably:

• Equity share capital increased to Rs. 5,444.32 lakhs from Rs. 3,517.56 lakhs
• Reserves and surplus grew to Rs. 7,390.91 lakhs from Rs. 1,844.20 lakhs
• Cash and cash equivalents rose significantly to Rs. 3,265.31 lakhs from Rs. 141.69 lakhs

Operational Overview

Azad India Mobility Limited is primarily engaged in manufacturing EV luxury buses and related activities. The company's focus on this growing sector appears to be yielding positive results, as evidenced by the substantial increase in revenue and return to profitability.

Conclusion

Azad India Mobility Limited's Q2 FY2026 results reflect a strong performance with substantial revenue growth and improved profitability. The company's focus on the EV luxury bus segment appears to be paying off, positioning it well in the evolving electric vehicle market. Investors and stakeholders may find encouragement in the company's financial turnaround and strengthened balance sheet.

The results were reviewed by the audit committee and approved by the Board of Directors in their meeting held on November 11, 2025. As the EV market continues to expand, Azad India Mobility's performance in upcoming quarters will be closely watched by industry observers and investors alike.