Babu says company has strong foundation for next phase of transition
Olectra Greentech Limited remain committed to transformingGreentech everyday mobility and building future ready energy solutions that create long term value for all stakeholders and the large Indian market, Mahesh Babu, Managing Director, Olectra Greentech Ltd, said, after delivering his group’s FY 2025-26 result on 1 June.
“Olectra’s performance reflects our continued focus on sustained and profitable growth across both our Mobility and Energy businesses,” he said, adding that delivering 28 per cent revenue growth, supported by strong profitability, “reinforces the strength of our fundamentals and sets a strong foundation for our next phase of transition”.
“Over the last three quarters, we have delivered consistent performance, driven by customer commitment, operational discipline and execution excellence, even during turbulent global conditions,” said Babu, confident of India’s green drive.
“With our Energy Division recording near double growth over the previous year, we are further strengthening our diversified growth platform.”
The Hyderabad-based India’s leading electric mobility company based out of Hyderabad reported a strong performance for the year, driven by higher electric vehicle deliveries, sustained customer demand, operational discipline and improved scale across its operations.
Olectra reported 28 per cent on the year growth in revenue of Rs.2,312.17 crore for FY 2025-26. PAT increased by 29 per cent to Rs.179.53 crore.
Olectra, part of the MEIL Group, is India’s largest manufacturer of pure electric buses and electric tippers, and a pioneer in the country’s electric mobility ecosystem. Olectra designs, manufactures, and deploys advanced electric mobility solutions for urban and intercity public transport across India.
With over 3,800 electric vehicles deployed nationwide, an order book exceeding 10,000 vehicles, and more than 600 million green kilometres clocked, Olectra combines indigenous engineering, operational reliability, and continuous innovation to drive India’s transition to clean, efficient, and zero-emission transportation. Fiinews.com
