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Maxvolt Energy reported for H1 FY26 with revenue soaring 222.9% YoY to INR 130 Cr, EBITDA up 242.8% to INR 18.43 Cr, and PAT rising 170.5% to INR 12.92 Cr. The EV segment contributed 76% of revenue.
Key highlights include a new Ghaziabad facility doubling battery pack capacity to 12,500/month. The company plans a lithium recycling plant by FY27 and is expanding into ESS exports across Southeast Asia, the Middle East, and Africa. Management expects continued strong growth and sustainable margins, driven by strategic expansion into a circular economy model for lithium batteries. Funding will primarily involve debt for now.