Financial Performance Overview
Olectra Greentech Limited announced its Q2 FY27 results, recording revenue of ₹687.01 crore, which represents a 5% increase over the same quarter last fiscal year. EBITDA expanded by 18% to ₹109.89 crore, while profit before tax rose 6% to ₹72.74 crore and profit after tax reached ₹52.12 crore, a 5% year‑on‑year gain. Earnings per share improved to ₹6.45, up 7% from the prior period.
Vehicle Delivery and Order Book
During the quarter the company delivered 401 electric vehicles, bringing total deliveries for the first half of FY27 to 759 units. Cumulative deliveries have now crossed the 4,750‑vehicle mark since inception. Olectra’s order book contains more than 8,000 electric buses, providing a clear pipeline for future execution. The firm operates across 55 Indian cities and its electric buses have collectively covered over 750 million green kilometres.
Management Commentary
Managing Director Mahesh Babu highlighted that the 18% EBITDA growth underscores the company’s focus on operational efficiency. He announced that a new generation of Olectra electric buses, emphasizing localisation and designed for both domestic and export markets, is slated for launch in Q4 of FY27. He also referenced multiple awards received for innovation, sustainability and organisational excellence, attributing these recognitions to the dedication of Olectra’s teams.
Company Profile
Olectra Greentech Limited, headquartered in Hyderabad, is described as India’s largest manufacturer of pure electric buses and electric tippers. The company designs, manufactures and deploys electric mobility solutions for urban and intercity public transport, with over 4,500 electric vehicles already deployed nationwide and an order book exceeding 8,000 buses. Its business model combines indigenous engineering, operational reliability and continuous innovation to support India’s transition to clean, zero‑emission transportation.