Wardwizard Innovations & Mobility Ltd — Important, 26-11-2025: Company Update

Wardwizard Innovations & Mobility reported stronger consolidated financial results for the quarter and half-year, with Q2 FY26 EBITDA at ₹6.11 Cr, turning positive from a loss last year, and net profit at ₹0.14 Cr. This reflects improved cost controls and operational efficiency. The company is actively expanding its EV ecosystem through strategic partnerships like Battery Smart for swappable battery solutions and Mufin Green Finance for vehicle financing. Significant international growth is underway with a joint venture for an EV plant in Saudi Arabia and a USD 30.6 million order from the Philippines. New subsidiaries and fleet operations further strengthen its market position, capitalizing on increasing EV adoption and government support.