Olectra Greentech Limited – Q1 FY27 Financial Results
Olectra Greentech Limited, India’s largest pure‑electric bus and electric‑tipper manufacturer, announced its Q1 FY27 results on 14 August 2026. Revenue for the quarter rose 66% year‑on‑year to ₹575.5 crore, compared with ₹347.2 crore in the same quarter of FY26. EBITDA increased 30% YoY to ₹72.9 crore, up from ₹55.97 crore in Q1 FY26. Profit before tax (PBT) was ₹34.70 crore, marginally higher than ₹33.80 crore a year earlier, and profit after tax (PAT) reached ₹26.67 crore versus ₹26.03 crore in the prior year. Earnings per share (EPS) were ₹3.16, slightly below the ₹3.17 reported in Q1 FY26.
The company delivered 358 electric vehicles during the quarter, representing a 122% increase over the 161 vehicles delivered in Q1 FY26. Cumulative deliveries crossed the 4,000‑vehicle mark as of 30 June 2026. Olectra’s order book now exceeds 8,500 vehicles, and the fleet has logged more than 740 million green kilometres nationwide.
Management, led by Managing Director Mahesh Babu, attributed the performance to robust demand from State Transport Undertakings and public‑transport networks, continued execution of the order pipeline, and improved operating leverage. Babu noted that the quarter was navigated despite global forex volatility and supply‑chain challenges, and reaffirmed the company’s focus on expanding manufacturing capacity, technology localisation, and execution capabilities to support the next growth phase.
Olectra emphasized its commitment to scaling electric mobility responsibly, investing in capacity expansion, new platforms, and operational capabilities to accelerate India’s transition to cleaner, smarter public transportation.
Contact: Kriti Upadhyay (kriti.upadhyay@olectra.com, 9102570136) – Agency contact Nidhi Mishra (nidhi@value360india.com, 9650822471).