Rattanindia Enterprises has informed that the Company has been featured in the prestigious December 2023 edition of Fortune 500, which is a significant accomplishment for the Company. Also attached the article as printed and link for the same is appended below: Fortune India: Business News, Strategy, Finance and Corporate Insight Extract from the article featured in Fortune 500 about the Company is reproduced below: RattanIndia Enterprises (REL), which primarily operates in renewable energy and electric mobility sectors, has a diverse portfolio- Cocoblu Retail which operates as an online seller, helping brands scale up and sell on e-commerce platforms; Revolt Motors, a next-gen mobility company, which manufactures EV motorcycles in India; fintech arm WeFin, which provides instant hassle-free financial products to customers across the country, and NeoSky India, which has a 360° drone-as-a-product and drone-as-a-services portfolio. Throttle Aerospace Systems, one of India’s leading drone companies, is a subsidiary of NeoSky India. REL reported revenues of ?1,618 crore in Q2FY24, and profit after tax of ?141 crore. For the last fiscal (FY23), the company’s total income rose by a whopping 717% to ?5,160 crore. More details enclosed.
The above information is a part of company’s filings submitted to BSE.
