Olectra Greentech Limited has reported its best-ever annual performance in FY26, delivering 1,280 electric vehicles during the year — the highest since the company’s inception. Revenue grew 28% year on year to ₹2,312.17 crore, EBITDA rose 27% to ₹352.28 crore, and profit after tax increased 29% to ₹179.53 crore. Cumulative EV deliveries since inception stood at 3,998 units as of March 31, 2026, and the company’s order book was at 10,161 electric vehicles, providing clear visibility for future growth.
The fourth quarter was particularly strong. Revenue jumped 44% to ₹644.72 crore, EBITDA surged 82% to ₹106.20 crore, and PAT rose 177% to ₹57.39 crore — all compared to the same quarter the previous year. The company’s Energy Division also recorded near-doubling of growth over the previous year, adding another pillar to Olectra’s diversified business.
Mr. Mahesh Babu, Managing Director, Olectra Greentech Limited, said, “Olectra’s performance reflects our continued focus on sustained and profitable growth across both our Mobility and Energy businesses. Delivering 28% revenue growth, supported by strong profitability, reinforces the strength of our fundamentals and sets a strong foundation for our next phase of transition. Over the last three quarters, we have delivered consistent performance, driven by customer commitment, operational discipline and execution excellence, even during turbulent global conditions. As we move ahead, we remain committed to transforming everyday mobility and building future-ready energy solutions that create long-term value for all stakeholders.”
