Hala Mobility FY26 Revenue Surges 4.4X to ₹97 Crore, Net Profit Hits ₹3.6 Crore

26 Aug 2026, 7:17 pm · 17d ago · 1 min read · Inc42

Hyderabad-based electric mobility platform Hala Mobility reported a 4.4-fold increase in operating revenue to ₹97 crore for FY26, up from ₹22 crore in FY25. The EV-as-a-service startup's profit after tax surged ninefold to ₹3.6 crore from ₹40 lakh. Founded in 2020 by Srikanth Reddy, Snehith Reddy Meda, and Anand Pareek, Hala operates 17,000 electric two-wheelers across nine Indian cities. The company serves delivery platforms including Zomato, Swiggy, Zepto, Amazon, and Flipkart. Founder Srikanth Reddy projected FY27 revenue to reach ₹250 to ₹260 crore, alongside improved profit margins of 5% to 6%.