Joy E-Bike’s Scale Reaches Rs 200 Crore in FY22, Profits Grow 4.5 Times

  • Wardwizard Innovations & Mobility Limited is a leading auto manufacturing company in the electric vehicle segment under the brand name Joy e-bike.
  • The demand for electric two wheelers has been increasing, resulting in the firm’s scale growing over four times during the fiscal year ending in March 2022.
  • The mobility company saw its scale reach Rs 200 crore during the same period.
  • Profits grew 4.5 times during the same period.

[Via]

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