India's EV Ecosystem Hits New Milestones: Olectra Deploys 4,000th Bus, JBM Auto Profits Surge, and Mahindra Restructures for the Future

4,000 electric buses deployed by Olectra Greentech, making it the first company in India to hit this milestone and cementing its leadership in the nation's electric public transport revolution.

Money Moves

• JBM Auto Q1 profit jumps 15% to ₹42.2 crore, driven by its EV and auto components businesses, with EV revenue surging 16.7% year-on-year.
• Mahindra & Mahindra Q1 profit rises 7% to ₹3,685 crore, with revenue jumping 23% to ₹41,920 crore, though...