Kinetic Engineering Q4 Results Live : profit falls by 42.01% YOY
Kinetic Engineering Q4 Results Live : Revenue increased by 9.76% YoY & profit decreased by 42.01% YoY
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Kinetic Engineering Q4 Results Live : Revenue increased by 9.76% YoY & profit decreased by 42.01% YoY
Kinetic Engineering: The company has set a revenue target of INR 200 crore – INR 250 crore for the fiscal year 2024-25.
Kinetic Engineering, the flagship company of the Group, launched its subsidiary in 2022, Kinetic Watts and Volts, to focus on EV components. Kinetic Engineering is already in discussion with some EV startups like Eblu and E-fill for its electric auto component supplies to strengthen its EV game. The company is also planning to keep on expanding in both global and Indian markets.
While auto industry insiders are sceptical of its appeal among today’s youth, the company says its aim is to create a revolution by making e-mobility expand at the bottom of the pyramid
The Kinetic Green E-Luna revives the iconic name from the 80s in the form of an electric moped. Pre-bookings are open for Rs 500.