Olectra Greentech’s March Quarter Net Profit Jumps 53%, Revenue Up 55%

Olectra Greentech Ltd’s consolidated net profit for the March quarter rose 53.2% year on year to ₹210.0 million. Revenue from operations climbed 55.4% to ₹4.49 billion. Sequentially, net profit fell 54.7% and revenue dropped 12.9%. Other income declined to ₹45.3 million from ₹47.7 million a year earlier.

Total expenditure, including finance cost, rose to ₹4.21 billion from ₹2.77 billion a year ago. Finance cost increased sharply by 50.1% to ₹196.0 million. The tax outgo for the March quarter was ₹85.7 million, up from ₹52.2 million last year.

For the fiscal year 2024-2025, net profit surged 80.8% to ₹1.39 billion while revenue jumped 56.1% to ₹18.02 billion. The company announced a final dividend of ₹0.40 per share.