Energy In Motion charging sales reach Rs 10.69 crore in September 2026

Energy In Motion reported ₹10.69 crore of charging-network sales in the quarter ended 30 September 2026, compared with ₹11 lakh a year earlier, while reported charging-network sales reached 5,689 megawatt-hours (MWh) across 11 locations. EIM plans to expand from its reported September footprint to 15 locations by December 2026 and 40 by March 2027.

How much did EIM's charging-network sales grow?

EIM's charging-network sales reached ₹10.69 crore in the quarter ended 30 September 2026, up from ₹6.53 crore in the quarter ended 30 June 2026 and ₹11 lakh in the quarter ended 30 September 2025. The increase from June was ₹4.16 crore, while the year-earlier comparison was against a period when charging-network sales were 58 MWh.

For the half year ended 30 September 2026, charging-network sales were ₹17.23 crore, versus ₹21 lakh in the half year ended 30 September 2025. The six-month figure also exceeded the ₹5.79 crore reported for the full year ended 31 March 2026, following the expansion of EIM's charging footprint during 2026.

Reported charging-network sales in volume terms rose to 5,689 MWh in the September 2026 quarter from 3,391 MWh in the June 2026 quarter and 58 MWh in the September 2025 quarter. The presentation reports MWh sales and charging capacity separately, and does not provide a network-utilisation rate.

What changed in EIM's charging and swapping network?

EIM reported 11 charging locations with 18 chargers at 30 September 2026, compared with five locations and 10 chargers at 30 June 2026. The network therefore added six locations and eight chargers during the quarter, while the year-earlier base was one charging location.

Closing charging capacity was 549.1 MWh per day at 30 September 2026, increasing from 487.7 MWh per day at 30 June 2026 and 19.2 MWh per day at 30 September 2025. This was an addition of 61.4 MWh per day from June and 529.9 MWh per day from the prior-year quarter.

EIM had eight working swap stations at 30 September 2026, unchanged from June but up from two a year earlier. The operational table does not state the capacity of individual chargers or swap stations, nor does it identify the share of the 5,689 MWh of quarterly charging-network sales generated by each site.

How does charging revenue compare with EIM's vehicle business?

EIM's ₹10.69 crore of charging-network sales remained below ₹130.85 crore of electric heavy commercial vehicle, or E-HCV, sales and battery-pack revenue in the September 2026 quarter. Total sales including other sales were ₹141.73 crore, indicating that E-HCVs and battery packs were the larger reported revenue line in that period.

In the half year ended 30 September 2026, E-HCV sales and battery-pack revenue was ₹166.07 crore, compared with ₹17.23 crore from charging-network sales and total sales of ₹186.80 crore. In the prior-year half, the respective figures were ₹44.40 crore, ₹21 lakh and ₹44.72 crore, showing growth in both reported revenue streams from a lower charging-revenue base.

EIM reported a loss after tax of ₹14.07 crore in the September 2026 quarter, compared with a ₹21.13 crore loss in June and profit after tax of ₹7 lakh in the September 2025 quarter. The half-year loss was ₹35.20 crore, versus ₹1.67 crore in the prior-year half, so the presentation shows higher sales and network activity alongside a continuing six-month loss.

Where will EIM add charging locations next?

EIM's network plan sets targets of 15 locations by December 2026 and 40 locations by March 2027. Against the 11 charging locations in its operational table at 30 September 2026, the December target implies four further locations and the March target implies a further 25 after that milestone.

The route plan lists Mumbai, Jawaharlal Nehru Port Authority and Pune with three operating and 10 upcoming locations. It lists the National Capital Region and Jaipur with five operating and seven upcoming sites, while the Mundra, Kandla and Ahmedabad corridor has three operating and four upcoming sites.

A separate Ahmedabad-Mumbai route is shown with six upcoming locations, and “Other Routes” has two operating and two upcoming locations. The five route entries total 13 operating and 29 upcoming locations, whereas EIM's operational-performance table reports 11 charging locations at 30 September 2026; the presentation does not explain whether the route plan uses a different reporting date or definition.

EIM also reported 142 E-HCV sales in the September 2026 quarter, compared with 58 in June and 70 a year earlier. Half-year E-HCV sales were 200 units versus 70 in the prior-year half, and cumulative sales since inception were 477 units, although the presentation does not link truck deliveries to specific charging routes.

Conclusion

The reported figures show that EIM's charging business grew alongside its physical network during the September 2026 quarter: charging-network sales rose from ₹6.53 crore in June to ₹10.69 crore, MWh sales increased from 3,391 to 5,689, and locations increased from five to 11. Vehicle and battery-pack revenue remained substantially larger, while EIM recorded a quarterly loss of ₹14.07 crore.

The next disclosed milestones are 15 locations by December 2026 and 40 by March 2027. Progress will depend on commissioning the route-level upcoming sites, including 10 listed for Mumbai, Jawaharlal Nehru Port Authority and Pune, and on whether additional charging sales and E-HCV deliveries coincide with a change in the ₹35.20 crore half-year loss reported for September 2026.