Ravindra Energy Limited (RELTD)
Updates
Energy In Motion Limited, a joint venture of Ravindra Energy, signed a strategic MoU with Sorigin Green Mobility for deploying 500 electric heavy commercial vehicles over two years. The partnership targets key freight corridors including Jawaharlal Nehru Port Authority. EIM will provide Ashwa 55-tonne electric tractors with charging and battery-swapping infrastructure. Initial deployment of 18 vehicles at JNPA to start immediately. The collaboration aims to enhance electric freight adoption and decarbonize logistics.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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