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BluSmart Targets to Turn Profitable in 5-6 Quarters
Financial Express Bengaluru
|March 11, 2025
EV CABAGGREGATOR BluSmart is likely to turn profitable in the next five to six quarters, according to the guidance given by its management recently to a group of investors.
According to sources, the company met around 160 investors on Sunday to discuss its growth trajectory and financial updates.
The updates suggested that the company's annual run rate has touched $90 million, and its gross business value rose around 127% year-on-year to ₹376 crore in 2023-2024. In FY25, it is likely to jump another 70% to ₹640 crore.
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