Jupiter Wagons Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

Jupiter Electric Mobility (JEM), the electric vehicle arm of Jupiter Wagons, signed an MOU with Pickkup, a fast-growing Delhi-based logistics platform specialising in sustainable intra-city and intercity deliveries. Congruent with India's vision for clean mobility and committed to the Government of India's PM e-DRIVE scheme, the tie-up signifies a strategic leap towards promoting electric vehicle usage in the logistics industry. The partnership aims to deploy 300 units of JEM TEZ, JEM's top-of-the-line electric light commercial vehicle, in Pickkup's growing EV fleet by the end of this year.

The collaboration kicks off with the successful delivery of the first batch of JEM TEZ vehicles under the MoU, following extensive pilot runs that showcased the exceptional capability of delivering real-world performance, range reliability, and operational efficiency across both intra-city and inter-city routes. The vehicles exhibited a consistent range of more than 190 km, reaching up to 220 km in a single charge across varying operating conditions ranging from heavy urban roads to intercity corridors such as Delhi to Chandigarh.

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Jupiter Wagons announced that the Board of Directors of the Company at its meeting held on 26 May 2025, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 26 May 2025.

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Net profit of Jupiter Wagons declined 1.83% to Rs 103.26 crore in the quarter ended March 2025 as against Rs 105.18 crore during the previous quarter ended March 2024. Sales declined 6.35% to Rs 1044.55 crore in the quarter ended March 2025 as against Rs 1115.41 crore during the previous quarter ended March 2024.

For the full year,net profit rose 15.29% to Rs 382.26 crore in the year ended March 2025 as against Rs 331.56 crore during the previous year ended March 2024. Sales rose 8.77% to Rs 3963.28 crore in the year ended March 2025 as against Rs 3643.73 crore during the previous year ended March 2024.

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