Olectra Delivers Strong Q1 FY27 Performance with 66% Revenue Growth
India, Aug. 14 -- HT Syndication
Hyderabad (Telangana) [India], August 14: Olectra Greentech Limited, India's leading electric mobility company, today announced its financial results for Q1 FY27. The company delivered a strong performance during the quarter, driven by healthy electric vehicle deliveries, sustained customer demand, continued order execution and improved operating leverage. Revenue grew 66% to Rs.575.5 crore, while EBITDA increased 30% to Rs.72.9 crore, compared to the corresponding quarter of the previous year. The company delivered 358 electric vehicles during the quarter, taking its cumulative electric vehicle deliveries to more than 4,000, further strengthening its position in India's growing electric mobility ecosyste...
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