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Olectra Greentech Ltd Q1FY24; 6% rise in Profits

Olectra Greentech Limited was incorporated in 1992. The Company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. Its registered office is in Hyderabad.

Financial Results:

Olectra Greentech Ltd reported Revenues for Q1FY24 of ₹216.00 Crores down from ₹281.00 Crore year on year, a fall of 23.13%.

Total Expenses for Q1FY24 of ₹192.00 Crores down from ₹261.00 Crores year on year, a fall of 26.44%.

Consolidated Net Profit of ₹18.00 Crores up 5.88% from ₹17.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.20, up 8.37% from ₹2.03 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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