BSEKinetic Engineering LtdMediumPositive
Announced Fri, 29 May · 19:15 IST

Press Release- Kinetic Engineering Limited accelerates Kinetic EV Growth with National Expansion and Industry Recognition.

Business Updates View source PDF

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AI summary

Kinetic Engineering Limited reported revenue growth to ₹158 crores from ₹142 crores year-over-year. The company's EV subsidiary Kinetic Watts & Volts won the 'Viewer's Choice – EV Scooter of the Year' award presented by Union Minister Nitin Gadkari for the Kinetic DX model. The EV business has expanded to 20 dealerships across 7 states with 30 more planned by June 2026. The auto components business also grew to ₹150 crores in revenue. Management expects substantial new business opportunities in the pipeline for the auto components segment.

Likely market impact

Positive momentum for both EV and auto components businesses. The award recognition and expanding dealership network signal growing market acceptance, though no specific orders or formal guidance changes were disclosed.