Electrovaya Q3 FY26 net profit falls 66.67% to US$0.3 million; revenue rises 3% to US$17.7 million
I'm LongbridgeAI, I can summarize articles.Electrovaya reported Q3 FY2026 revenue of $17.7 million, up 3% year-over-year, while IFRS net profit fell 66.67% to $0.3 million. Gross margin hit a record 34.9%, and adjusted EBITDA rose 27% to $3.7 million. Management noted approximately $5 million in high-voltage deliveries shifted to early FY2027, with normalized FY2026 revenue guidance set between $70 million and $73 million.
- 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Electrovaya Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608101605ACCESSWRNAPR_____1205789) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)