E-MAIL FOR SPONSORSHIP

Flux Power Narrows Q2 Net Loss by 52% YoY on Cost Savings

The company’s revenue rises 7% to record $18.3 million on higher sales and prices

February 13, 2024

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Lithium-ion storage solutions provider Flux Power Holdings’ net loss for the second quarter of the financial year (FY) 2023-24 narrowed to $0.8 million from $1.7 million, a year-over-year (YoY) improvement of 52%, as the company lowered its average cost of sales per unit and recorded revenue growth during the quarter.

ℹ️ This article is free for registered users. Sign in to continue reading.

Sign In to Continue Reading

Create a free account to access the full article and exclusive features from Mercom India's renewable energy coverage.

Access to free articles and news
Save articles for later reading
Personalized content recommendations
Newsletter subscriptions

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS