Olectra Q2 PAT rises 7% YoY to ₹52.94 Cr

OLECTRA Olectra Greentech Limited (OLECTRA) reported consolidated Q2FY27 net profit of ₹52.94 Cr, up 6.84% YoY and 104% QoQ. Revenue from operations rose 4.63% YoY and 19.38% QoQ to ₹687.01 Cr. EBITDA stood at ₹91.77 Cr, up 2.91% YoY and 34.51% QoQ. EBITDA margin was 13.36% compared with 13.58% YoY and 11.86% in the previous quarter. The company delivered 401 electric vehicles during the quarter, taking H1 FY27 deliveries to 759 units, with cumulative deliveries crossing 4,750 EVs. It maintains a strong order book of over 8,000 electric buses The key triggers are the 6.84% YoY rise in PAT to ₹52.94 Cr and the sharp sequential recovery in profits and revenue, supported by electric bus deliveries. This reflects steady execution in the electric mobility segment for the company. Peers such as Ashok Leyland, JBM Auto and Tata Motors Commercial Vehicles may face comparison on EV bus order book and delivery trends. Near-term prices could react positively to the sequential profit doubling and healthy order visibility. Risks include slower-than-expected delivery ramp-up, margin pressure from input costs, or delays in new product launches. Competitors listed: Ashok Leyland, JBM Auto, Tata Motors Commercial Vehicles. We have no financial interest in this news.