Ecos Mobility has been providing chauffeur-driven car rental and employee transportation services to corporate clients including Fortune 500 companies in India for over 25 years.
The company operates a fleet of over 9,000 economy and luxury cars, minivans and luxury coaches consisting of various categories such as luxury vehicles (including vehicles from car brands such as Audi, BMW and Mercedes-Benz), economy vehicles, premium vehicles and buses/vans.
It also provides special vehicles such as luggage vans, limousines, vintage cars and accessible transport vehicles for people with disabilities.
The company also serves its clients operating in a variety of industries including information technology, business process outsourcing, global capacity centers (GCC), consulting, healthcare, e-commerce, pharmaceutical, legal and manufacturing, including HCL Corp. HDFC Life, Thomas CookIndia, WM Global Tech, among others. In FY24, the company’s operating revenue rose 31% year-on-year (YoY) to Rs 554 crore, while profit after tax (PAT) rose 43% to Rs 62.5 crore in the same period. Equirus Capital and IIFL Values are acting as lead managers of the issue.(Disclaimer: The recommendations, suggestions, views and opinions of the experts are their own and do not represent the views of The Economic Times)
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