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    Home - Business - Shree OSFM E-Mobility Reports 115 Percent Surge in Net Profit for H1 FY25
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    Shree OSFM E-Mobility Reports 115 Percent Surge in Net Profit for H1 FY25

    Abizar AttariBy Abizar AttariNovember 18, 2024No Comments2 Mins Read
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    Shree OSFM E-Mobility Reports 115% Surge in Net Profit for H1 FY25
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    Mumbai (Maharashtra) [India] November 18: Shree OSFM E-Mobility Limited (NSE – SHREEOSFM), company is engaged in providing employee & others passenger transportation services across major cities in India, announced its Unaudited Financial Results for H1 FY25.

    Key Financial Highlights H1 FY25

    • Total Income of ₹ 68.89 Cr, YoY growth of 23.08%
    • EBITDA of ₹ 9.18 Cr, YoY growth of 24.31%
    • EBITDA Margin of 13.33%, YoY growth of 13 Bps
    • Net Profit of ₹ 4.78 Cr, YoY growth of 114.81%
    • Net Profit Margin of 6.94%, YoY growth of 296 Bps
    • EPS of ₹ 3.29, YoY growth of 55.19%

    Commenting on the performance, Mr. Nitin Bhagirath Shanbhag, Chairman and Whole Time Director, Shree OSFM E-Mobility Limited said, “Our performance in the first half of FY25 reflects the growing demand for dependable, efficient corporate transportation services in India’s major business hubs. We are pleased to report a 23% increase in total revenue to ₹69 crore, alongside a significant growth in net profit to ₹4.78 crore.

    This growth is a testament to our asset-light model and adaptable service offerings tailored to meet the evolving needs of our clients. With an expanding client base and a strong reputation for reliability and service excellence, we are well-positioned to continue our growth trajectory in the coming quarters. We remain committed to enhancing operational efficiency, expanding our fleet partnerships, and delivering safe, premium transportation solutions for India’s top employers

    As we look to the future, we are focused on leveraging digital advancements to enhance route optimization, fleet utilization, and client engagement. By investing in technology and expanding our vendor partnerships, we aim to further strengthen our position as a trusted transportation partner for India’s top employers, driving operational excellence and sustainable growth. We are confident that our continued emphasis on quality and client satisfaction will pave the way for even greater achievements in the coming quarters.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Nitin Bhagirath Shanbhag Shree OSFM E-Mobilit
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    Abizar Attari
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    I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

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