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 Q2FY24 of ₹307.00 Crores up from ₹177.00 Crore year on year, a rise of 73.45%.
- Total Expenses for Q2FY24 of ₹286.00 Crores up from ₹172.00 Crores year on year, a rise of 66.28%.
- Consolidated Net Profit of ₹19.00 Crores up 171.43% from ₹7.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.20, up 139.13% from ₹0.92 in the same quarter of the previous year.