Olectra Greentech Q2 Results: Profit And Revenue Rise, Margin Narrows
Revenue jumped 25.4% to Rs 657 crore from Rs 524 crore in the corresponding quarter last year.
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.
Segment-Wise Growth
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.
Olectra Greentech Q2 Highlights (Cons, YoY)
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%
Share Price
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.
