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Olectra Greentech Limited Q4FY23 Earnings

Incorporated in 1992 was Olectra Greentech Limited. The company’s main business is producing electrical buses and composite polymer insulators.

Financial Results:

  • Olectra Greentech Ltd. reported Total Income for Q4FY23 of ₹ 5,531 Crores up from ₹ 4,278 Crore year on year, a rise of 29%.

  • Total Expenses for Q4FY23 of ₹ 376 Crores up from ₹ 274 Crores year on year, a rise of 37%.

  • Consolidated Net Profit of ₹ 27 Crores, up 54% from ₹ 18 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 3.29, up 52% from ₹ 2.17 in the same quarter of the previous year.
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