Olectra Greentech Q2 Results: Profit And Revenue Rise, Margin Narrows

Olectra Greentech Ltd.'s profit for the second quarter of FY26 rose 4.2% year-on-year, according to an exchange filing on Saturday.

The company reported a consolidated bottom-line of Rs 49.5 crore, compared to 47.5 crore in the year-ago period.

Revenue jumped 25.4% to Rs 657 crore from Rs 524 crore in the corresponding quarter last year.

Earnings, before interest, tax, depreciation, and amortisation rose nearly 10% to Rs 89.2 crore from Rs 81.2 crore in Q2 FY25.

However, Ebitda margin narrowed to 13.6% from 15.5%.

The company also informed that its Whole Time Director Reddy Peketi resigned. Earlier in June the company's Chairman KV Pradeep had also turned in his resignation citing personal reasons.

The Insulator segment revenue grew to Rs 75.36 crore from Rs 41.20 crore, while the e-vehicle division revenue stood at Rs 581 crore, compared to Rs 482 crore in the second quarter of FY25.

• Net profit up 4.2% at Rs 49.5 crore versus Rs 47.6 crore

• Revenue up 25.4% at Rs 657 crore versus Rs 524 crore

• Ebitda up 9.8% at Rs 89.2 crore versus Rs 81.2 crore

• Margin at 13.6% versus 15.5%

The shares of Olectra Green closed 0.64% lower at Rs 1515.60 apiece on the NSE on Friday, compared to a 0.07% decline in the Nifty index.

The stock has risen 4.77% year-to-date but fallen 6.06% in the last 12 months.