Olectra Greentech Q3 results: Net profit rises 77% to Rs 27.11 crore
Its revenue surged 33 per cent in Q3 FY2023-24 to Rs 342.14 crore, it said, adding that the significant revenue growth was recorded due to higher deliveries. The company has delivered 1,615 electric vehicles to date. Strong demand continues with the total number of bus orders on hand at 8,088 units, it added.
During the quarter under review, Olectra delivered 178 electric vehicles, against 142 in 2022-23, an increase of 25 per cent. Image Courtesy: olectra.com.