Azad India Mobility (AIML) announced strong financial results, with Q1 FY2027 total income rising 117.8% year-on-year to ₹16.77 crore.

Net profit significantly increased to ₹0.78 crore, expanding margins to 4.65%. For FY2026, total income grew seven-fold to ₹64.94 crore.

The company secured a 24-month order book and is in advanced discussions to enter the state public transport segment.

AIML is also developing an export pipeline to Indonesia for over 2,000 electric buses.

The company anticipates FY2027 income to exceed ₹150 crore, supported by order execution and increased production capacity.