Hala Mobility posts 4.4X revenue growth to ₹97 crore, achieves profitability

Electric mobility startup Hala Mobility's operating revenue jumped 4.4X to ₹97 crore in FY26 from ₹22 crore in FY25, while posting a ₹3.6 crore profit—rare for India's EV space. The jump signals India's last-mile EV fleet is now generating sustainable unit economics; builders should study Hala's path to profitability and whether shared EV mobility can escape the CapEx trap.

Source: Inc42 ↗