Olectra Greentech
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Olectra Greentech reports Q2 FY27 consolidated net profit of Rs 52.94 crore, up 6.8% year on year
Olectra Greentech's consolidated net profit attributable to equity holders rose 6.8% year on year to Rs 52.94 crore in Q2 FY27, from Rs 49.55 crore, and doubled from Rs 25.95 crore in Q1 FY27. Consolidated revenue from operations grew 4.6% year on year to Rs 687.01 crore, while total expenses rose 6.8% to Rs 632.39 crore, driven mainly by Rs 532.77 crore of materials costs. On a standalone basis, net profit fell 3.5% year on year to Rs 50.92 crore, though it rose 61.5% sequentially, with standalone revenue up 4.7% to Rs 677.37 crore.
Why it matters
Costs growing as fast as profit and faster than revenue suggests margin pressure at an electric bus maker whose output drives depot charging demand in India. Charging suppliers and CPOs tied to bus fleet rollouts should watch whether the sequential revenue recovery translates into steady delivery volumes.