Zelio E-Mobility’s H1 Profit Jumps 2.6X To ₹31 Crore As Revenue More Than Doubles

Zelio E-Mobility’s electric scooter business is scaling fast. The BSE SME-listed company, founded in 2021 by Neeraj Arya and Kunal Arya, reported H1 FY27 operating revenue of ₹296.7 crore, up 120% year on year, and consolidated net profit of ₹31.4 crore, up 164.3% from ₹11.9 crore.

Zelio makes electric scooters at Hisar, mainly in the low-speed, non-RTO segment, and sells through more than 300 dealers across over 25 states. It opened a plant in Coimbatore in July to lift annual capacity to 2.4 lakh units, and it plans to raise up to ₹167.9 crore through a preferential issue, which shareholders approved last month.

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