May 10, 2022: Wardwizard Innovations & Mobility limited (BSE: 532970), one of the leading auto-manufacturing company in Electric Vehicle (EV) segment known with the brand name of Joy E-Bike announced its quarter and annual results ended March 31, 2022.
Highlights of Financial Results
Q4 FY22:
FY22:
RECENT BUSINESS UPDATES:
Commenting on the results for FY’22, Mr Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd, said, “Congratulations to our 30,761 Joy e-bike family members for showing faith in us and I hope the family will keep growing multiple fold in the time to come. We are excited with the performance as the company has achieved a milestone of Rs 1851 mn, which is an outcome of our dedication and intent of doing a serious business for the growing sector. The country is voyaging through an evolving Electric Vehicle ecosystem, which is an integral measure of our future hence this is not being easy for us and so we are continuously innovating our products and services keeping customer’s interest in centre. The company will continue to invest in R&D, diversifying its product line, and increase its market presence in FY23. We are also planning to introduce more products this year, which will help the industry and the company both to grow together and the users will be benefited at large. The nation needs a strong EV system, which can add growth to the economy and we are committed to it.”
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