Mumbai/IBNS, Aug. 14 -- Shares of Olectra Greentech crashed around 4% on Friday following the company's largely flat net profit in the first quarter of FY2027, media reports said.

The stock was trading at Rs 1,342.60 on the NSE during the first hour of the trading session.

The muted profit performance came despite a strong rise in the company's revenue during the quarter.

However, the strong revenue growth did not translate into a corresponding increase in profitability, with margins coming under pressure during the quarter.

Olectra Greentech's EBITDA increased 46.6% to Rs 69.2 crore in Q1 FY27.

However, the EBITDA margin contracted to 12%, from 13.6% in the year-ago period.

The decline in margins, along with the near-flat net profi...