ECOS (India) Mobility & Hospitality Limited, one of India’s largest chauffeur-driven managed mobility providers for corporate clients, has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025 (FY26).
For the third quarter of FY26, ECOS reported total revenue of ₹2,089.32 million, registering a 23.05% year-on-year (YoY) growth, while revenue from operations rose 22.48% YoY to ₹2,060.71 million. The growth was driven by strong enterprise demand, higher trip intensity, and an improved service mix, particularly in premium and luxury offerings.
EBITDA for Q3 FY26 increased by 8.05% YoY to ₹233.55 million, supported by higher fleet utilization and operating leverage. However, EBITDA margin declined to 11.33% from 12.85% in the corresponding quarter last year, as elevated variable and vendor-linked costs associated with rapid scale-up offset pricing gains. Profit after tax (PAT) stood at ₹139.43 million, up 9.12% YoY, reflecting stable operating performance and revenue momentum.
For the nine-month period ended December 2025, revenue from operations reached ₹6,013.98 million, marking a robust 26.15% YoY growth, highlighting sustained demand and structural expansion across business segments. EBITDA rose 5.85% YoY to ₹697.76 million, although the margin moderated to 11.60% from 13.83% in the previous year, due to investments in workforce expansion, fleet additions, and non-recurring expenses. PAT for the period was largely flat at ₹418.40 million compared to ₹420.30 million in 9M FY25, as higher depreciation and operating costs offset revenue-led gains.
Commenting on the performance, Rajesh Loomba, Chairman and Managing Director of ECOS, said the company delivered steady growth driven by strong execution across corporate car rental (CCR) and employee transportation services (ETS) segments. He added that while margins moderated due to planned investments, the company has initiated targeted pricing actions, cost optimization, and utilization enhancement measures to improve profitability going forward.
Loomba further stated that ECOS remains focused on its technology-led mobility strategy and aims to capture a larger share of India’s fragmented corporate mobility market, with a long-term goal of becoming the country’s most trusted and future-ready managed mobility partner.
