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For the full year,net profit rose 80.78% to Rs 138.89 crore in the year ended March 2025 as against Rs 76.83 crore during the previous year ended March 2024. Sales rose 56.12% to Rs 1801.90 crore in the year ended March 2025 as against Rs 1154.14 crore during the previous year ended March 2024.
The order involves the supply of 297 electric buses on an outright sale basis, along with their maintenance. The buses will be delivered over a period of 11 months from the date of the LoA. The total value of the order is Rs 421.01 crore.
Olectra Greentech is engaged in the manufacturing of composite polymer insulators, electric buses, and electric trucks.
The company’s consolidated net profit rallied 71.68% to Rs 46.32 crore on a 50.62% rise in revenue to Rs 515.36 crore in Q3 FY25 over Q3 FY24.