Olectra Greentech Limited announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a substantial increase in net profit, with standalone net profit rising by 117% to ₹5,092.19 lakh for the quarter, compared to the previous year. This strong performance reflects improved operational efficiency and revenue growth, demonstrating a positive trajectory for the company.
Olectra Greentech Announces Strong Q2 FY27 Results
Olectra Greentech Limited has declared its financial results for the second quarter and half year ended September 30, 2026. The Board of Directors approved the unaudited financial results, showcasing significant year-on-year growth in profitability.
Standalone Financial Performance
For the quarter ended September 30, 2026, Olectra Greentech reported a standalone net profit after tax of ₹5,092.19 lakh. This represents a substantial increase of 117% compared to the net profit of ₹2,319.43 lakh recorded in the same period of the previous year. The total comprehensive income for the quarter also saw a significant rise to ₹5,086.70 lakh.
The half-year ended September 30, 2026, also demonstrated robust growth. The standalone net profit after tax stood at ₹7,411.62 lakh, an increase from ₹5,278.05 lakh in the corresponding period of the prior year. Total comprehensive income for the half-year reached ₹7,406.13 lakh.
Disinvestment of Associate Stake
In a significant strategic move, the Board of Directors also approved the proposal for the disinvestment of the Company’s entire 34% equity shareholding in Evey Trans (UJJ) Private Limited, an Associate Company. The sale will be conducted to Evey Trans Private Limited for an aggregate consideration of ₹34,000. This transaction is considered to be at arm’s length and in the ordinary course of business, with the expected completion within the next three months.
Segment Performance Highlights
The segment-wise revenue and results indicate strong contributions from both the Energy Division and Mobility Division. For the quarter ended September 30, 2026, the net revenue from operations stood at ₹68,701.14 lakh. The profit before tax for the quarter was ₹7,149.06 lakh.
Consolidated Financials
On a consolidated basis, the company reported a net profit after tax of ₹5,212.22 lakh for the quarter ended September 30, 2026, a notable increase from ₹2,666.32 lakh in the previous year. The consolidated comprehensive income for the quarter was ₹5,206.73 lakh. For the six-month period, the consolidated net profit after tax was ₹7,878.54 lakh.
Source: BSE
