Maxvolt crosses Rs 1 billion revenue milestone in FY25
POWER & RENEWABLE ENERGY

Maxvolt crosses Rs 1 billion revenue milestone in FY25

Maxvolt Energy Industries has recorded Rs 1.07 billion in revenue for FY 2024–25, more than doubling its previous year’s earnings of Rs 48.37 crore. This marks the second consecutive year of 200 per cent-plus growth for the lithium battery technology company, underscoring its aggressive expansion strategy and growing role in India’s green energy ecosystem. 

The AIS 156-certified firm serves electric vehicles, energy storage systems (ESS), medical devices, and consumer electronics. Earlier this year, Maxvolt listed on the NSE Emerge platform, with its IPO being oversubscribed 3.3 times. The company also raised $1.5 million from venture capitalists and high-net-worth individuals. 

“Passing the Rs 1 billion figure endorses our commitment to technological innovation, sustainability, and operational excellence,” said Satendra Shukla, Chief Business Officer, Maxvolt Energy. 

The company has developed proprietary technologies like Active Balancer, thermal management systems, and intelligent battery controls. Its Smart Lithium-Hybrid Inverter Series supports both lithium and lead batteries. 

Maxvolt is building a lithium battery recycling facility to reduce raw material imports and support circular economy goals. It is also expanding capacity to produce over 6,000 battery packs annually, with a new line planned for advanced ESS batteries. The company is exploring EV charger manufacturing and gearing up for exports, while R&D remains focused on enhancing battery density and affordability. 

Sector – Power 

Tag: Maxvolt 

Maxvolt Energy Industries has recorded Rs 1.07 billion in revenue for FY 2024–25, more than doubling its previous year’s earnings of Rs 48.37 crore. This marks the second consecutive year of 200 per cent-plus growth for the lithium battery technology company, underscoring its aggressive expansion strategy and growing role in India’s green energy ecosystem. The AIS 156-certified firm serves electric vehicles, energy storage systems (ESS), medical devices, and consumer electronics. Earlier this year, Maxvolt listed on the NSE Emerge platform, with its IPO being oversubscribed 3.3 times. The company also raised $1.5 million from venture capitalists and high-net-worth individuals. “Passing the Rs 1 billion figure endorses our commitment to technological innovation, sustainability, and operational excellence,” said Satendra Shukla, Chief Business Officer, Maxvolt Energy. The company has developed proprietary technologies like Active Balancer, thermal management systems, and intelligent battery controls. Its Smart Lithium-Hybrid Inverter Series supports both lithium and lead batteries. Maxvolt is building a lithium battery recycling facility to reduce raw material imports and support circular economy goals. It is also expanding capacity to produce over 6,000 battery packs annually, with a new line planned for advanced ESS batteries. The company is exploring EV charger manufacturing and gearing up for exports, while R&D remains focused on enhancing battery density and affordability. Sector – Power Tag: Maxvolt 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code