EaseMyTrip to launch new unit to manufacture electric buses

Quick Summary:

EaseMyTrip's new subsidiary, Easy Green Mobility, will manufacture electric buses with its other unit, YoloBus, as its operating arm.

It reported a profit after tax (PAT) of Rs 33.92 crore compared to a loss of Rs 15 crore in Q4 FY24.

"Moreover, this move aligns with our growth plans to expand the non-air business and will help us establish a strong foothold in the growing EV and e-mobility sector,” he added.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: India

Topics: Easemytrip Company Electric Buses Privacy Mobility Crore Subsidiary Easy Policy Green

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 12:18:25 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22374931

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 28 posts per day

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