Electrovaya posted Q3 FY 2026 revenue of USD 17.7 million, up about 3% year over year.
Gross margin rose to a record 34.9%, widening 4.1 percentage points from a year earlier.
IFRS net profit slipped to USD 300,000, extending its streak to six consecutive profitable quarters.
Adjusted EBITDA (non-IFRS) climbed 27% to a record USD 3.7 million, reaching 20.7% of revenue for the first time.
Management flagged about USD 5 million of high-voltage deliveries shifting into early fiscal 2027; fiscal 2026 normalized revenue outlook set at about USD 70 million-USD 73 million.
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