Olectra Greentech's Q2 FY 2025-26 Quarterly Results

Result Summary

• Olectra Greentech Ltd reported a 87.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 25.6%.
• Its expenses for the quarter were up by 84.1% QoQ and 27.8% YoY.
• The net profit increased 90.4% QoQ and increased 4.0% YoY.
• The earnings per share (EPS) of Olectra Greentech Ltd stood at 6.04 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Olectra Greentech Ltd is a company primarily engaged in the manufacturing and supply of electric buses and other electric vehicles. It operates within the automotive industry, focusing on sustainable and green technology solutions. As a pioneer in the electric vehicle space in India, the company is part of a growing sector that aims to reduce carbon emissions and promote clean energy transportation. While specific recent developments are not mentioned here, companies in this sector often focus on technological advancements and expanding their market reach as part of their strategic initiatives.

Revenue

The financial performance of Olectra Greentech Ltd for Q2FY26 shows a significant increase in total income. The company reported a total income of ₹660.95 crores for Q2FY26, which indicates a quarter-over-quarter (QoQ) growth of 87.5% from ₹352.56 crores in Q1FY26. Furthermore, there is a year-over-year (YoY) increase of 25.6% compared to ₹526.19 crores in Q2FY25. This growth in revenue suggests a strong performance over both the previous quarter and the same quarter of the previous fiscal year.

Profitability

In Q2FY26, Olectra Greentech Ltd's profitability metrics showed an upward trend. The profit before tax was ₹68.95 crores, marking a 122.5% QoQ increase from ₹30.99 crores in Q1FY26, and a 9.6% YoY increase from ₹62.90 crores in Q2FY25. The profit after tax for Q2FY26 stood at ₹49.55 crores, reflecting a 90.4% QoQ rise from ₹26.03 crores in Q1FY26 and a 4.0% YoY growth from ₹47.65 crores in Q2FY25. The company's earnings per share (EPS) also increased to ₹6.04 in Q2FY26, compared to ₹3.17 in Q1FY26 and ₹5.79 in Q2FY25, which represents a QoQ growth of 90.5% and a YoY growth of 4.3%.

Operating Metrics

The total expenses for Olectra Greentech Ltd in Q2FY26 were ₹592.00 crores, showing an 84.1% increase compared to ₹321.57 crores in Q1FY26 and a 27.8% increase from ₹463.29 crores in Q2FY25. The tax expenses for the quarter were ₹19.02 crores, which increased by 144.8% QoQ from ₹7.77 crores in Q1FY26 and by 10.7% YoY from ₹17.18 crores in Q2FY25. These operating metrics indicate an increase in operational and tax-related expenditures over both the previous quarter and the same quarter in the previous year.