MaxVolt Energy, a lithium-ion battery manufacturer, reported strong FY26 half-year and full-year financial results.
Revenue from Operations hit ₹296.77 Cr, a 176.1% YoY increase.
Profit After Tax reached ₹24.38 Cr, up 140.9% YoY, with EPS at ₹22.36. The company manufactures 14,000+ battery packs monthly for E-scooters, E-rickshaws, E-cycles, and Energy Storage Systems, supported by 30+ OEM partners and a network of 875+ dealers.
MaxVolt's strategy centers on expanding manufacturing capacity, enhancing R&D for high-efficiency products, and entering battery recycling.
A key recent development is securing land for a recycling plant in Aligarh, with construction set for August 2026 and initial operations by FY26-27. Strategic partnerships with IIT Delhi and IIT Roorkee are underway to develop advanced AI-enabled Battery Management Systems.
This commitment highlights MaxVolt's focus on a circular economy and future-ready solutions for India’s growing EV and energy storage markets.
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