Wardwizard Innovations & Mobility Ltd — Updates, 26-05-2025: Company Update

Wardwizard Innovations & Mobility has announced a board meeting to consider the financial results for the quarter and half-year. The company reported strong Q4 performance with EBITDA up 86.76% YoY and PAT rising 62%, despite a slight decline in annual revenue. It expanded its electric fleet with over 400 two-wheelers deployed in key cities and launched L5 passenger e-rickshaws in Maharashtra. Strategic partnerships are scaling mobility and charging infrastructure. The company is focused on aggressive network expansion, product innovation, and a $1.29 billion EV order in the Philippines, supporting profitable growth amid industry challenges.