Oct 11, 2024
Gemopai has introduced a festival bargain in an effort to attract clients throughout the holiday season.
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Gemopai has introduced a festival bargain in an effort to attract clients throughout the holiday season.
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https://www.energetica-india.net/news/gemopai-introduces-festival-bonanza-offers-on-electric-scooters
Get festive discounts on Gemopai e-scooters! Limited-time offers. Go green today!
Big savings on Gemopai electric scooters this festive season. Don’t miss out!"
Gemopai, an automotive tech company, witnessed a slight 3.8% drop in its overall revenue from FY22’s Rs 80 crore to FY23’s Rs 77.66 crore.
Gemopai, an Indian electric scooter company based in Noida, experienced a 3.8% decrease in revenue, dropping from Rs 80 crore in FY22 to Rs 77.66 crore in FY23. The company, founded by Amit Raj Singh and Bhanu Kumar, specializes in technology-driven scooters featuring swappable Lithium-ion batteries. Despite a 2% reduction in expenses to Rs 77.15 crore, Gemopai's profitability saw a sharp decline. The company reported a profit of Rs 39.03 lakhs in FY23, an 83% drop from the previous fiscal year's Rs 2.34 crore. Major expenses included material costs, with employee benefits and transportation making up 5.897% and 4.39%, respectively. The EBITDA margin was 2.29, and the ROCE was 37.45%.
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Ready to level up your ride? Look here! Gemopai has an amazing summer cashback deal that will surely get you pumped. Get set to cruise the s
Ready to level up your ride? Look here! Gemopai has an amazing summer cashback deal that will surely get you pumped. Get set to cruise the streets in style with our awesome range of electric scooters, now at unbelievable prices! 🛵 Introducing Gemopai's Summer Cashback Offer:
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Here you will find news about the EV world and about new electric scooter features and specifications. Stay tuned to get EV updates.
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A recent research report by Counterpoint research, says India's EV sales in expected to increase by 66 per cent in 2024, and EVs market shar