Electrovaya FY26 Q2 net income rises 22.95% to $1.02 million; revenue climbs 20.17% to $18.05 million

• Electrovaya posted fiscal second-quarter net income of USD 1.02 million, up 22.95% from a year earlier, as revenue rose 20.17% to USD 18.05 million.
• Operating income climbed 56.45% to USD 2.18 million, while diluted EPS held at USD 0.02.
• For the six months ended March 31, net income more than doubled to USD 2.06 million as revenue increased 28.32% to USD 33.6 million.
• Cash and cash equivalents totaled USD 20.38 million at March 31, up from USD 6.36 million at Sept. 30, while long term loan balance increased to USD 31.93 million from USD 20.74 million.

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