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.