Zypp Electric posts Rs 455 crore revenue in FY25, up 50% YoY

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Electric vehicle (EV) fleet management firm Zypp Electric said it has witnessed a 50% rise in revenue to Rs 455 crore for the fiscal year ended March 2025, driven by expansion across key cities and growth in the quick commerce segment.The Gurugram-based company, which focused on streamlining technology, improving vehicle quality, and standardising operations over the past year, is targeting earnings before interest, taxes, depreciation and amortisation (Ebitda) breakeven within the next one to two quarters, according to a statement.

In FY25, Zypp…



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Zypp Electric posts Rs 455 crore revenue in FY25, up 50% YoY


Electric vehicle (EV) fleet management firm Zypp Electric said it has witnessed a 50% rise in revenue to Rs 455 crore for the fiscal year ended March 2025, driven by expansion across key cities and growth in the quick commerce segment.The Gurugram-based company, which focused on streamlining technology, improving vehicle quality, and standardising operations over the past year, is targeting earnings before interest, taxes, depreciation and amortisation (Ebitda) breakeven within the next one to two quarters, according to a statement.

In FY25, Zypp…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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