Ather Energy Reports Rs 23,050 Mn Income and 42% Volume Growth
Ather Energy Ltd, a leading player in India’s electric two-wheeler segment, reported strong operational and financial performance for the year ended thirty-first March 2025. Vehicle sales rose by forty-two per cent to 1,55,394 units. Total income increased by twenty-nine per cent year-on-year to Rs 23,050 million.The Adjusted Gross Margin more than doubled to nineteen per cent in FY25 from nine per cent in FY24. Adjusted gross profit grew to Rs 4,280 million due to cost optimisation, strategic sourcing, and scale efficiencies. Earnings Before Interest, Depreciation, Tax and Amortisation (EBI..
JSW One Platforms Joins Unicorn Club with Rs 3,400 Mn Raise
JSW One Platforms Ltd, a tech-driven business-to-business (B2B) e-commerce platform, has raised Rs 3,400 million in fresh capital, taking its valuation to USD one billion and entering the unicorn club. The funding round was led by Principal Asset Management, OneUp, JSW Steel, and other investors.The company’s valuation has more than tripled since April 2023, reflecting its strong product-market fit and execution capabilities. The funds will be used to enhance supply chain leadership in steel and cement, expand distribution and logistics networks across India, scale its financial technology (..
Brigade Expands in Chennai with Rs 4,417 Mn Land Acquisition
Brigade Enterprises Ltd, the flagship of Brigade Group, has acquired a prime 5.41-acre land parcel in Velachery, Chennai. The deal, valued at Rs 4,417 million, was advised exclusively by Knight Frank India. The project has a gross development value of approximately Rs 16,000 million and a development potential of 0.8 million square feet.Velachery’s strategic location offers connectivity to the Information Technology Corridor of Old Mahabalipuram Road (OMR) and the Central Business District, making it attractive for residential development. This acquisition marks a milestone in Brigade’s ag..
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