India, Aug. 26 -- Electric mobility startup Hala Mobility's operating revenue jumped 4.4X to Rs.97 Cr in FY26 from Rs.22 Cr in FY25, while its profit after tax (PAT) increased ninefold to Rs.3.6 Cr from around Rs.40 Lakh.

The startup now expects its revenue to reach Rs.250 Cr to Rs.260 Cr in FY27, with its PAT margin improving to 5%-6% from around 3.7% in FY26, founder and CEO Srikanth Reddy told Inc42.

Founded in 2020 by Reddy, Snehith Reddy Meda and Anand Pareek, Hala provides electric two-wheelers to gig workers, delivery partners, and businesses through rental, leasing, and financing models.

It currently operates around 17,000 vehicles across nine cities, including Hyderabad, Bengaluru, Mumbai, Vijayawada, Guntur, and Delhi NCR.

T...